How to Find Top 10 Stocks

There are no perfect top 10 stocks, but with a little bit of research and a little bit of luck you can find the top ten stocks to make up your perfect stock portfolio or make a great addition to an existing stock portfolio.

Difficulty: Moderately Easy

Instructions

1. Choose diverse stocks. Don't pick ten stocks that are all within the same sector, because a downturn in this sector can destroy your entire stock portfolio. The performance of other stocks in the same area of business as your stock can affect your stock as well, so spread your money around when buying stock.

2. Consider trends. Think back on past booms and busts. Look for a promising new trend that you can buy stock in.

3. Capitalize on your connections. Talk to any stock brokers or stock professionals in your group of friends, families, and acquaintances. Ask them for professional stock advice.

4. Go with some safe bets and make some stock gambles. Some stocks perform reliably each year, while others might skyrocket or might fail utterly. Build a base of reliable stocks and then get risky by investing in stocks that have great potential.

5. Do your research and be careful. The stock market is always variable, and you need to make sure that you will be covered in the event of a stock market crash.

[edieness]

on 6/17/2009 great tips.5*