Tip #6 - Help with share selection for DIY investors
Every week we post a tip that we hope will help you become a successful share market investor.
Tip #6 — Help with share selection for DIY investors
Read articles about companies of interest to you in newspapers, magazines and online. You will be surprised how quickly your knowledge and confidence grows. You can use online tools such as Sharesight to check the historic performance of a company to help you with your investment decisions.
Look online to find the innumerable share purchase recommendations for free as well as organisations that provide recommendations to paying subscribers. Whether they are free or not these services can be a valuable source of guidance and information but don’t follow them blindly. If it is not clear to you why their recommendations are sound don’t act on them. Do your own homework and come to your own decisions.
This information is not a recommendation nor a statement of opinion. You should consult an independent financial adviser before making any decisions with respect to your shares in relation to the information that is presented in this article.
FURTHER READING
Is your client data at risk? 5 questions to ask your tech provider
Protect client data with these five essential cybersecurity questions every financial adviser should ask their technology providers.
Get the full Sharesight experience with the app and web platform
Learn how to get the most out of Sharesight by using the app and web platform together for performance tracking, analysis, reporting and tax planning.
See clients' full wealth picture with Sharesight and myprosperity
Connect Sharesight and myprosperity to see clients’ full financial picture, streamline management, and deliver more insightful advice.