Here are some top factors to consider when building your portfolio.
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Trading on the stock market is something that many of us would like to try. Yet, there’s an air of mystery and intrigue about it, as if there’s some dark art involved. The truth is that while there is a lot to consider if you want to succeed in investing in stocks, there are some simple rules to study that even the major players follow. Even if a diversified portfolio is recommended for minimizing risks, particularly if you’re starting off with stocks, the best way to secure benefits is to look for quality rather than quantity.
Good stock investments are based on timing and stock selection. In this article, we focus on the latter, although it is important to mention that long-terms investments on average are more profitable compared to short ones. Expert investors such as Warren Buffet advise to keep stocks for a minimum of five years, and if you don’t have any immediate need for cash, possibly never sell them. Never be impacted by what the market is offering, and