The good news is that there are nearly an unlimited number of ways and strategies to be successful in investing and managing your money. The bad news is that there is an unlimited number of people, businesses, advertisements, magazines, radio experts, and television shows all ready to tell you what they think you should do. But don’t despair. Among the many successful ways are some common denominators that all seem to revolve around common sense. Here are my top ten common sense tips for asset management:

Tip #1: Don’t fall in love with a stock.

Don’t let emotions get involved with your stock — it could cost you dearly. Regardless of any sentimental meaning you may attach to it, it represents a commodity of value only.

Tip #2: Don’t buy or sell from a broker on the last two days of a calendar month.

If you don’t know your commission-based broker well, put a moratorium on any business during the last few days of any month, when such brokers typically end their production period that determines their paycheck for the following month. Don’t risk getting recommendations based more on your broker’s need to earn a commission than on your need to make money.

(more…)

Tasman Capital has entered into an agreement to facilitate the listing of WSD Financial (NZ) Limited. WSD is an international broking house specialising in foreign exchange, precious metals, futures and options. WSD is headquartered, registered and regulated in New Zealand and also has branches in Bangkok, Dubai, Johannesburg, Los Angeles, Mumbai and Nairobi.

WSD is an NZX Futures and Options participant firm, is a member of the New Zealand Financial Markets Association, is registered as a derivatives dealer with the Securities and Exchange Commission in the USA, is licensed by the Dubai Gold and Commodities Exchange and is the only non-bank institution to be accorded a derivatives dealer license in Thailand.

You can find out more about WSD at www.wsd-nz.com. We believe WSD is an excellent candidate for listing. WSD can thrive even when markets are at their most volatile. It will be the only company of its kind listed in New Zealand. We expect to have WSD listed on the NZAX before the end of 2008.

(more…)

Personally, I think it is crucial to anybody’s stock market success that they are informed of any changes in the stock market, no matter how big or small those changes may be. While it isn’t necessary to keep track of the changes in every single stock out there, it is extremely important to closely monitor the stocks which you have invested in, or the ones that you are considering investing in. There are many reasons for this, some of which are more obvious than others.

First of all, when buying stocks everybody has one ultimate goal on their mind. That goal is to try and buy the stock at the lowest possible price, with the hopes that the price will increase in the near future and we will make money in the long run. Likewise, when anybody is selling their stock market shares, they all share one goal too. That is trying to sell the stock at the highest possible price, as they are convinced that the price may drop in the near future; holding out too long means that they will be forced to take the loss. And nobody who is in the stock market industry wants to take a loss.

(more…)

WSD has a FREE demo platform that offers continual streaming price quotes, news service, charting and accountancy package. Why not try it out through the link above?

The WSD advantage:

As a regulated, audited and professional Forex provider WSD is the ideal partner to trade the markets with.

We have tight spreads with prices that remain firm regardless of market conditions.
During normal trading hours the price quoted is good for up to 50 Lots and as we have no dealer intervention - you can be assured that this is the market price.

There is no start up fee or commission to be charged whatsoever. That means you receive all the benefits a professional trader should be offered without the charges that normally accompany price / news / chart / accountancy packages from other brokers.

(more…)

WSD Financial (NZ) Ltd. is a premier investment house headquartered in Auckland that caters to retail investors across various countries. “Today, more than anything clients need personal attention without preferences of whether the client is high net worth or just investing his savings for a better tomorrow. WSD Financial understands this very well, and provides each client with personalized attention and customized solutions. Being a “retail investment house”, WSD is able to provide a varied range of services and personalized service to its clients using global standard procedures and a 24/7 help desk,” says, Savas Macun- Director- Middle East Region.

(more…)

Already established in the US, Thailand and Dubai with a culturally diverse workforce WSD can communicate in any client’s language, which is just one example of the importance the company places on investing in its own infrastructure. But it’s not stopping there.

(more…)