Hi GGDR,
As my brother is a stock broker,he has been playing the stock market for years for his family and I.
My current portfolio is only down 5%. Which is a lot better than most.
My brother told me years ago to look for stocks that were in the pennies basket. i.e. less than a pound
When they start going up,you dont have to wait ages for them to double/triple in price.
Do your RESEARCH. Most important.
Pick a segment of the exchange that you want to play with,eg retail,oil,mining,manufacturing etc.
I am mostly in mining and although can be slow at times, you can get some big winners.
Start slowly at first,dont go out and buy up everything at once.
Only put down what you are prepared to lose, until you get more experience.
Be prepared to hold some stocks for years for them to increase in value.
You never get rich overnight.
Go to the library and read books on stockbroking( Im sure they have them)
Good luck on your new adventure.
littlecub
ps,now would be a good time to dip your toes in the market,but wait for it to start to rebound,as it may drop more yet
as this covid 19 continues.
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