There are many people out there who want to buy shares as investment but they are confused on what to buy. Though stockbrokers are supposed to advise people in this regard, many have however lost confidence in stockbrokers. From this week, we would be providing information that could help investors overcome some of these confusions.
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Last week's edition highlighted the dangers of following the crowd in making investment decisions. "Profitable investment requires buying or selling based on specific goals and purposes", it concluded. This implies that you must first determine why you want to invest in shares.
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That money you want to invest, why do you want to invest it? The answer to this question is critical in determining the shares you should buy.
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Assuming your goal is to invest the money for a short period, say less than two years, for safe keeping.