Jan 19, 2011

News

If there is one piece of advice I can give you about doing well in the stock market, it is: know what is going on in the world around you. The news can help you in many ways. The BP oil spill was a perfect example of this. I know people who were invested in BP and did not hear about the oil spill until a few days after it happened. In that time the stock dropped significantly. Read some sort of newspaper daily or watch the news for at least 30 minutes.

2 comments:

  1. The good thing about it, is that also if you watch the stock market daily and read the news it will help you a lot. The day that BP announced about its new cap to stop the oil spill, their shares went way up.

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