Newbie advice

[weijian]

At 23, I started my account at SCB as no minimum amount needed to be in the bank and you can count the amount of money you want as investment because that is solely for investment. my 1st 3 stocks were singtel. It's one of the most steady stocks as you can collect dividends and the cycle is pretty stable. Being in stocks, you have to be very vigilant, monitoring the market everyday. Therefore, as a young investor, it is better to go for long term stocks with dividends. For small stocks, there are big boys playing around with the stock market. Small fishes like us would easily get eaten.

In fact, quality small stocks are more likely undervalued, because no "big boy" is "playing". The reasons are, the small stocks are too small for them, and furthermore no analyst coverage.

hi cityfarmer,
While I have to admit that alot of small stocks are played up as bait in the hunt for retail meat, statements by misscambodia do continue to affirm that more inefficiency (and hence returns) can be found in small stocks.