Hot Stocks For 2010 India - Finding the Hot Stocks For 2010
Hot Stocks For 2010 India
Hot Stocks For 2010 India
If you've had a chance to read any of my other articles you'll know that I'm keen to pass on my advice and experience on buying stocks for beginners and stocks for beginners. One of the most common questions I've been asked recently is what will the hot stocks for 2010 be. Which stocks are going to be the ones to buy and something that absolutely have to add to your portfolio? Well my answer for this is always a little disappointing but there's two parts to it. One is buy with the same mindset as you had for 2009. My other answer is to cheat.
OK lets deal with disappointing answer number one which was to do exactly as you did last year. The reason I recommend this is because you shouldn't be looking to predict the future with stocks and simply jump on the next bandwagon when you see a stock rising. The chances are that you'll actually buy at the wrong time and end up purchasing and over inflated stock. The other reason is that you haven't done any analysis on the stock so there's a good chance you don't actually know what it's worth. If you don't know what it's worth how can you tell if its a bargain or not? You should treat each year the same and do proper research before you gamble any of your money. I personally don't like gambling any of my money but that's just me. If you've been buying stocks the correct way last year, that's analysing and making sure you're buying an undervalued stock by following Warren Buffetts advice then there's no need to be chasing the next big stock of 2010. Hot Stocks For 2010 India
On the other hand, if you want to cheat then why not check out what Warren Buffett has been buying recently and try to get on that gravy train before you're too late. I wouldn't advise that you should follow anyone blindly but I know people are lazy so if you're planning to follow anyone why not Buffett. He is pretty successful after all isn't he? You can find out quite easily the stocks that his company has been buying up by looking at Berkshire Hathaway's holdings on Yahoo Finance or any other online stock company. You can also see any stocks that Berkshire Hathaway has been dumping recently to find out if some of your stocks might not be worth holding on to after all. That's for you lazy investors out there. I would still always recommend you do your own analysis before you buy any stocks. The problem with following someone else is that you run the risk of again jumping on to a stock when it's too late. The market has pushed the value up so much that it's no longer a bargain. Hot Stocks For 2010 India
Hot Stocks For 2010 India - Finding the Hot Stocks For 2010