Both my friend and I are small time stock players. Well, I am smaller than him because he is braver in speculating while I am a follower. I only buy stocks that come with professional recommendation while he analyzes the stocks himself. He is quite accurate, though, but he will only tell me AFTER he has sold his stocks. I was very mad and told him that he should let me know when he buys so that I could jump onto the same boat as well but he said that he does not want to because he doesn’t want to take responsibility of my loss, should it happen. Bah!!!
So what choice do I have but to depend on other people to pick my stocks for me? I read the papers, visit stocks websites and apply for all Initial Public Offerings (IPO).
This morning, I was told of this site at http://www.fastmoneystockpicks.com which is a daily updated website on the top stock picks according to CNBC’s Fast Money, a TV program on stock trading.
Although the stock market is very volatile and can move both ways overnight due to national and global events, I feel more secure investing my money after reading on recommendations of professionals. Buying, Sell, Hold, only three options but it is not an easy decision to make!
Now that I know of this website, Fast Money Stock Picks, I think that I would track the stocks against their recommendations and see how accurate each analyst is!