3 Stocks for New Investors
It can be scary investing in the stock market for the first time. There's a lot of financial information for newbies to discover and a lingo you have to learn. Typically, none of this is taught in schools, so you have to pick up the information out on the street (so to speak) or on free websites like this one. I learned over 90% of what I know about the stock market from The Motley Fool, so this is a great place to start.
The good news is that the math is with you. The power of compounding returns should make your investments go up in value over time. You will have some losers -- it happens to everybody. But the key aspect is to let your winners run. According to Motley Fool CAPS, only 57% of my bullish calls actually outperform the stock market. But what happens is that a few of those winners really, really outperform. If you let those winners run, you don't have to worry about your bad investments or the stocks that lose money -- your winners should more than make up for it over time.
Source Fool.com
