simple investing is great for retirement investing and for investment brokerssimple investing in gold and silver Investing without a lot of mazes and complexities can many times be the best way to make money in the market. Things like gold and silver which are talked about in the link above. Many times the easiest things work the best. Investments like commodities, and a few securities can usually do fine if they are simple and well chosen. The securities that you choose should be based on the economy and the business. Right now we are going through an economic recession, and you should choose companies that will logically survive such as drug companies and discount retail. Many times though even in a recession people fill their portfolios up with dozens of stocks that should not be there. It's far better to choose securities and companies that are the strongest in the best industry. For instance say you wanted to buy discount grocery as your investment in the recession. Now you would have to decide which of the companies in this industry is the strongest? When you choose the strongest company in the RIGHT industry, you leave yourself in a better spot then just taking random shots in a given industry and giving yourself a bunch of confusion when things could be simpler. How can I do simple investing for investing in stocksThere is the old saying that it's better to focus your attention on a few things rather than many things. However you still should never put all your eggs in one basket and bet on just one security. Keep it easy, your portfolio should include mostly strong companies based on the current economy, and companies that seem strong in management and fundamentals and that are also new companies.The smaller newer companies give you a chance to make more money since these companies are less DEVELOPED and less KNOWN than the other companies for simple investing. This coupled with some commodities like gold will suit you well. |