Investments provide opportunities to make money in both a bull market (up market) and a bear (down) market (read more about bulls vs bears). No one ever knows for certain whether the market will go up or down, but investors can develop an information system to watch indicators for potential price changes and investment opportunities. This exclusive Qwoter College series introduces the elements you can use for building your very own online investment information system that meets your specific needs.
Investment indicators often signal future market trends. For example, changes in bond prices and interest rates often reflect trends that may affect stock prices. That is, if bond yields decline, investors often rush to purchase stocks, causing stock prices to increase. Investors need this information to decide whether they should buy, sell, or hold.
Gathering, organizing, and saving this information can be time-consuming. However, using your own online stock market information system can make the process more efficient.
Successful investing involves 5 basic steps:
- Identifying new investments
- Analyzing investment candidates
- Purchasing investments
- Monitoring investments
- Selling investments – and reaping your rewards
The above sections will summarize the online sources of information you need for each step to building your stock market information system. Knowing what type of information you need and where to get it online can help you build your personalized online information system.