Thursday, 11 November 2010

My favourite method for selecting investments (Part 4 of 4)

With those ideas in hand, the last step is checking if they make any sense right now. This is something that you can do by typing their symbol in the web sites of free on-line financial discussion boards and publications, from which there are dozens. Reading several opinions and sources will show you how attractive those companies look as potential investments.

You will need several hours when you go through this process for the first time, but once you bookmark the web sites on your internet browser, your effort will be drastically reduced the following months. No investment system is foolproof, but you might wish to explore this approach, which offers a good balance between effort and simplicity.


[Image by Per Ola Wiberg under Creative Commons Attribution License. See the license terms under]

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