So you have shares. The good news is that they can make you money but only if you have a plan. So many investors have shares and think that by sitting on them ‘for the long term’ they are being financially savvy or safe. Well the harsh reality is they are not
For example, ‘They are my retirement fund’. REALLY?? So how much will they be worth when you retire? Answer, no body knows……………… So that clearly is not going to be a good idea then. So what is required is a plan, as with so many things in life, if you have a plan, things generally work much better.
So whats needed in this plan?? Well the answer is………. not a lot!! Simply you need to know when you are going to ‘buy’ and when you are going to ‘sell’. Share prices go up, and down and by identifying at what point you intend to sell a stock means that you have a plan. Then on a daily basis you can very quickly check the current price and know if your sell point is approaching. Then when it arrives, sell the stock, and take the profit. Because yo have a plan you will already know what you intend to invest in next and its just a matter of time before your ‘buy’ price arrives, you buy the stock and away we go again.
To learn how to identify ‘buy’ and ‘sell prices all you need is one of our one day courses, realistically the cost of this course can be recouped in just one trade……………
Theres no time like the present!!!!!