Thursday, February 28, 2008

Words of Advice for Stock Market Investors

With the "yoyo" market trends out there, everyone of us needs a dose of motivation to keep us going, to maintain our poise and confidence. Especially for new investors and the beginners, it is indeed a trying time as the market trend is so reactive, a lot of us are unsure what move to make.

Here is something I found in my newspaper clipping collections and I wish to share this piece of booster with you, a winning essay by Gan Hong Leong of Bentong, organised by SIDC published in the Focus column of The Star:



Words of Advice

For all stock market investors and speculators out there, here is Gan's advice:

Value for money you must insist

Buying in a downtrend you must resist

The trend is your friend

Follow it to the very end

Holding on to falling stock is unwise

Cut your losses quickly is advised

Never kill the golden goose when you have one

Never sell prematurely, let it run for once

Undervalued unpopular stock is never a fancy

Glamour stock is the choice normally

Join the crowd; enjoy the ride, if you wish

Be careful though, lest you fall out and vanish

The market is most tempting at the top

Lock in your profit before volume has a good drop

Sell your stocks when you love them most

Take your money and let the deal be closed

Buy when volume traded is at its lowest

The market will then be at its dullest

Investors should buy low and sell high

Traders should buy high and sell higher

Someday you will know what I mean

By then, you are a stock market dean.