Stock Tips

Often investors have to forgo the chance of raking in profits in the stock market due to their inability to identify profit-making opportunities.

Stock tips help investors recognize these opportunities. Stock tips advise investors on what stocks to purchase or sell during the course of a trading day. With stock advice, novice traders/investors can venture into the market with confidence. Stock tips are usually given by professional traders and brokers, who are experts in stock market trading.

Stock Tips: Where to Find Them

A good source of stock tips for individual investors is a broker. Small brokerage firms are preferable for their personal attention and one-on-one guidance on investment strategies. However, some brokers are little more than salesmen, and one should not rely too heavily on their advice.

Brokers have also started offering online stock tips. Online stock tips have become very popular, particularly among day traders, who can log on and quickly receive reports on the market. The data provided by brokers online can include detailed analysis of investments and the current market trends.

You can also receive stock tips from stock market reports on the Internet and major business websites, such as money.cnn.com, bloomberg.com and businessweek.com, which provide information on various changes in the stock market.

Other ways of receiving stock tips are:

· Browsing the websites of major investment publications

· Signing up for newsletters

· Government-based online stockresources, such as those that can be downloaded from the US Securities and Exchange Commission (SEC) site, sec.gov.

· Joining stock market investment clubs

Alternatives to Stock Tips

Relying completely on stock tips is not a good idea. Other ways to decide on which stocks to purchase are:

· Research the companies you are planning to buy stocks of. You could do this by reading their annual reports and studying their performance in the latest quarter.

· Looking out for stock picks announced by industry experts like Jim Cramer.

· Reading reports published by investment banks.

· Studying the market portfolios of expert stock traders like Warren Buffett.

· Staying abreast of the latest happenings in the financial world.