If you have some cash to spare you may think about entering the world of investing in stocks and shares. Many people think that they can make a fast buck by investing but in fact it takes a cool head and alot of research to make the right choice.
Experts always warn that the value of your investment can go down as well as up and this is certainly the risk if you have not done your homework. It is not enough to watch the currency news and hope for the best. It is not even enough to take the advice of the analysts as this does not replace doing your own research.
Make sure that you have thoroughly researched a company before you buy shares in it. Search for any news on them and make sure that you have read previous financial reports on them. Use a stocks and shares filter if you want but do not let this be the main factor in your choice.
Once you have a bought into a share your work is not finished. You have to keep an eye on your basket of stocks and shares and make sure that you sell at the right time.
Many people sell either too early or too late and it is a tough call to make, but again think coolly and mathematically.