Thursday 24th January 2002
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A: The sharemarket can be a great short-term way to make money. Many of the stocks in the NZ market can move more than 5-10% in one day - it is being able to pick which ones will move that is hard.
You are already on the right track when it comes to learning about investing. ShareChat is a great source of information and opinion. Reading other investors' views and ideas is a great way to form you own ideas about what you think is a good investment. Newspapers, company annual reports or brokers' research can also give you idea's about what shares to buy.
I have never read any books on stock picking and I am not a great believer in charting. However that it not to say that it might not suit you. A number of books have been recommended on the ShareChat Forum - Search the site or scroll through the Forum Archives for further information.
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