complete beginner to share market - questions, page-10

  1. 7,123 Posts.
    The Rich do NOT create a fortune with a diversified portfolio - They establish such by doing much research and investing in ONE Company.

    Mums and Dads are falsely "advised" by media "experts" to spread the porfolio. This strategy in My opinion is wrong.

    Research, intense research, not just a cursory glance at a Company website, is a Must!

    It all depends of where you wish to be in 10 years time - think Global, Sectors and then narrow down to real value = You should NEVER use chatroom advice...NEVER.

    The DYOR really is an important addendum to all Chatroom "recommendations".

    Think Risk tolerance and how well you cope with losing it all - that will define your tolerance for "gambling" on the stock market - for surely, it IS a form of Gambling.

    :) Fish
 
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