1. Don’t buy penny stocks.
  2. Do not put all your money in one stock.
  3. Buy stocks in companies you believe in and understand what they do.
  4. Don’t panic and sell when the market goes down.  The worse the market looks the better the opportunities to get bargains (usually).
  5. If you don’t feel comfortable buying individual stocks go with ETF’s with low expenses that track something like the S & P 500 but do diversify with time.
  6. Find a mentor that has market experience.
  7. Research a companies income statement, balance sheet, and cash flow.
  8. Last but far from least. Don’t try to get rich quick.  Getting very wealthy slowly is a great way to go.
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