Be an Active Investor

I like to have the best of two worlds when I invest. By combining fundamental and technical analysis, I can identify good stocks to buy as well the best time to buy them. That’s the only way I know of to have an edge over other non-professional investors or traders. Others may use inside knowledge or unscrupulous trading tactics to make money.

Information is money. Always be hungry for information. The more you read, the more you know and the more money you’ll make. Readers are leaders.

When you find a better stock to buy, switch. Take the weakest stock out of your portfolio and sell it. Put your money into the better stock. In this way you will be a active investor as well as a successful one.

Never get married to your stocks. Don’t switch your spouse but switch your stocks, and switch them often.

Good luck.