What is the best investment advice anybody ever gave you?

Learn what you're doing, before you do it, and if you're going to invest/trade, be the best you can be.





I started when I was 12 years old, and the advice was right then and holds true today.





I was given 4 rules to follow back then, and still use them and have shared them with others


To trade/invest you must have


1 - A written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself.


2 - Sufficient trading/investment capital. Use your own money, there鈥檚 no need to go into debt so that you trade/invest.


3 - A written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested.


4 鈥?A full and complete understanding of the rules %26amp; regulations of the industry.





These rules helped me, I hope I have help youWhat is the best investment advice anybody ever gave you?
For me the best advice I got was from my father.





';In order to invest, you have to learn how to save first.';


Simple but true





and from somewhere (forget)


';If your investing, know where your money is going';


Shocking how many people buy a stock but don't know even where it is going.What is the best investment advice anybody ever gave you?
I agree to starting early. Study and research your investments


Easy does it, don't risk more than you can afford to lose.


Invest in yourself, attain a good balance with your life with what is most valuable.


If you want to get rich, learn to live on half your income.
When I was new to stock trading I have aproached for every possible help. But one wise person had turned me to towards http://www.sogotrade.com an online stock trading firm who helped me alot for trading in stocks that too at very less price next to negligible.





I believe thats the best advice I got ever since I enetered this industry since it had impacted alot and is one of the reason of my success.
Lesson 1- Buy on dips, sell on rise.





Lesson 2- Never buy because you heard from someone





Lesson 3- If markets are 15% either way than a price on one day; that is the most possible future direction





Lesson 4- Rise will fall- never invest in a high rising stock hoping it will just only go up





Lesson 5- Be patient
buy excellent stocks and forget them.





when you buy a trading stock, pick a price you will sell, high and low, and stick with it.





never buy a stock that costs less than $8.





It's only money.
Buy into my company's 401k.


At least to the maximum amount the company matches.
Be your own advisor, do your homework and learn. Never ever buy a loaded mutual fund.
read, read, read, everything you can get your hands on.
To start as early as possible.
Read 4-6 books on investing before you do anything.

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