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Hot Stocks For 2009
I am a person who enjoys investing on the stock markets and I have to say that I am a bit of a gambler; I am quite prepared to take a risk with my disposable income in the hope that I can increase it etc. Just a quick note however, I am not a financial adviser and therefore anything that I write or suggest in this article should not be seen as advice. I personally believe in investing an amount of money (an amount that I can afford) on a monthly basis instead of investing lump sums. This way I am able to take advantage of what is commonly referred to as pound cost averaging in the United Kingdom or dollar cost averaging in the United States. This is where when prices are high your monthly contribution may buy fewer shares or fund units but that when prices are low your investment buys more shares or fund units. During these volatile times this method of investing may prove to be the most prudent. Even though stock markets such as the FTSE has had a very poor 2008 and is therefore quite low there may well be significant falls ahead. Call me a little crazy if you like but I think (and am also putting my money where my mouth is) that the areas to invest in 2009 could be Russia, China, India and Japan. I do not personally invest in individual stocks; I actually purchase units in what is called a collective investment. Let’s all hope that 2009 is more prosperous, financially, than 2008! Good luck. Article Directory: http://www.articledashboard.com Steve Hill is a webmaster from Birmingham, he has interests in a number of websites including: stuttering DVD authoring cheaper line rental |
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