Prevocate Wall Street

You brought money to the market. No matter what you did, you're just having fun or seriously hoping to raise your income, you have to choose a strategy for investment. Everyone's got her own, someone's gonna look for underrated papers, someone to buy stock based on their ideas.

Why start a newcomer who wants to be a professional investor? Having analyzed the advice of legendary exchangers, Warren Buffett, George Soros and Peter Lynch, we have formulated five precepts of a start-up investor. The rules are quite simple. But remember if you always follow them?

Take care of the business of the company you buy.

“Your advantage as an investor is not to follow professional advice from Wall Street. The advantage of good knowledge of the company or industry you invest in. By doing so, you may outnumber professionals.

"Never invest in the company if you don't know her financial condition. It is the papers of firms with poor financial standing that lead to record losses (Peter Lynch, Play Wall Street).

Don't ever invest in what you don't understand.

Try to anticipate not real events, but the expectations of other players.

“Financial markets themselves operate as an unfinished mechanism for predicting events in the real world. There is always a discrepancy between prevailing expectations and the actual course of events. Financial success depends on the ability to anticipate prevailing expectations rather than on the ability to predict changes in the real world.

"Support when everyone sells, sell when everyone buys it."

Formulate your own strategy and follow it.

" I do not play in this set of rules, I seek to change the rules of the game. Advanced change. " George Soros.

" There should be an idea of what you invest and why. Considerations like " This action will grow like drinking! " are not appropriate. " You're almost always gonna miss the Wall Street game. Peter Lynch.