Investigate Before You Invest
"Through wisdom is
a house built. And by understanding it is established. And by
knowledge shall every room be filled with precious and
pleasant riches!" --Bible
Always do your very own homework ... The more you know, the
better off you will always be! This requires that you keep
educating yourself, and pay attention to all possible events
that might affect you.
Understand personal finance matters that could affect you.
Understand how each of your investments fits in with the rest
of your portfolio and with your overall strategy. Understand
the risks associated with each investment.
Gather unbiased and objective information. Get a second
opinion, a third opinion, etc. Be cautious when evaluating the
advice of anyone with a vested interest.
If you're going to invest in stocks, learn as much as you
can about the companies you're considering.
Understand before you invest!
Research, research, research!
Read Books and educate yourself!
Experiment with various strategies before you put your own
money on the line. Examine all available historical data. Try
fundamental analysis, try a technical analysis portfolio, a
dividend portfolio, a price/earnings growth portfolio, and any
others you might think of. In the process you'll find out
which ones work best for you.
Learn from your own mistakes ...
But mostly try to learn from the mistakes of others.
Copyright © 2005 I.E.C. Haramis
Ioannis - Evangelos C. Haramis was born in Greece in 1951
and he studied in Greece, USA and in Belgium. He has been
active in the stock markets since 1972. Since 2002 he is New
Business Development Managing Director at an Investment Bank.