Tuesday, February 17, 2009

How to pick the best gold mining stocks!

Picking stocks is an art form. A great deal of knowledge and experience goes into finding a good stock. With the gold market abuzz, it is important to be able to differentiate a good stock from a bad stock. In times of booms, like the current gold boom, there is a tendency for people to catch on to the latest stock recommendations from brokers or friends. The reality is brokers are sales people with vested interests, and friends can be just as blinded by monetary gains as the broker.
The challenge judging stocks through your own eyes is that lack of knowledge and experience. For this reason I have encapsulated over 20 years of skill and experience 'picking mining stocks' into a single eBook. You will have a tool to critically assess your friend's tips and broker recommendations. A rising tide tends to lift all ships, but we are really looking for a king tide. There is no reason you cannot invest in the best stocks. All you need is the skills to differentiate.
I started picking stocks when I was just 14yo. I would go into the Australian Stock Exchange in Bond Street, Sydney (now Bridge Street). At the time you could pay just 50c for mining data sheets. The good news then was that you could pay 50c and get a whole series for a particular alphabetic letter. Today you would pay 50c per page. The 50c was a lot of money to me then, so I'd stay in the library all day, going through all the stocks. It was so easy to pick them by this approach as the good stocks stuck out like a sore thumb. I did this on my school and university holidays. When I wasn't researching stocks I was working with mining companies. I had such a good attitude. I really was quite distinct from my peers. They might have been smart, but they were not street smart. Well not Bond Street smart! More like dope street smart! Anyway, read my eBook and find out how to invest in stocks and company options that will make you over 1000% returns.
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Andrew Sheldon www.sheldonthinks.com

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