The following summary from the article “Investment Advice to a World Champ” by prominent investment analyst Dr. Steve Sjuggerud is not only great advice for beginners, but is also a good reminder to the more experienced:
1. Nobody will care more about your situation than you, so never hand off your finances completely.
2. There is no magic bullet or shortcut. (The "hot tip" doesn't exist.)
3. If you don't understand it, don't buy it. (If it sounds too good to be true, it probably is.)
4. Buy investments that are cheap, hated, and in the start of an uptrend.
That's it. Remember these points, and take control of your wealth.
Note: To help determine what is “cheap, hated, and the start of an uptrend” see bigcharts.com. Just type your ticker symbol in the upper left field, click “Draw Chart” and you will see past and current market direction.
Wishing you all the best of good buys,
Marketstar
