Free Stock Market Investing Tips

There are a lot of pundits out there that offer investing tips for a fee. While some of these investing services may be well worth the money, others are scams are certainly close to a scam.

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The market just had its worst week in over 5 years. So far in 2008, the market is down about 10%, and January isn’t even over yet! This has truly been a brutal year in the market. Panic is in the air, and people are unloading their stocks due to fear that it will get any worse.

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A basic issue most beginning investors and traders don’t understand is how to deal with the bid/ask spread. Quite simply, the “bid” price is the amount someone is willing to pay for a stock. The “ask” is how much someone wants if they will sell the stock.

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As we go into 2008, let’s recap some of the common mistakes we all make and strive to avoid making them in 2008.
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