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You’re a pro at getting the most for your money. You know the difference between quality and junk and the best stores for great prices. You can use the same skills to become a better investor. Here are some tips that every bargain-hunter knows, along with suggestions for applying them to the stock market: 1) Buy things (and stocks) when they're on sale. You waited until Black Friday for that great price on your big screen television, but did you exercise the same patience when you acquired your last stock? You don't need to be able to time the market to sit and wait for a bargain price. Simply look at measures of value and the cost of the stock in comparison with its historic price range. Just as coats are cheaper in June, stocks go through cycles based on economic conditions as well as fads and crazes. Buy what’s temporarily out of style and your investing dollar will go further. Many online investing blogs will send you an alert when your stock hits a particular threshold, so there's no need to check the market every day to know when you're company's on sale. 2) Know value. You wouldn't buy a $300 couch just because it’s cheap. You'd examine the cushions, the frame and the fabric and would probably conclude that it won‘t last long. Look at your stocks the same way. A bargain price on a sound company is great, but if the story behind the stock is questionable, you’re likely to find your bargain is no bargain at all. 3) Spend more on the essentials. It's worth paying more to get quality on your refrigerator, your car, and anything else you really need. By the same token, the stocks that hold up in good times and bad, have a comer on the market, and pay dividends are worth a hig1er price. Companies that have household names and rake in the bucks year after year are almost never available at deep discount prices. Get the best price you can, but by all means include some of these reliable gems in your portfolio. 4) Do some research. Even when there isn't a lot of money at stake, you like to kick the tires You read the reviews before you see the movie or buy the book. You check through visit: Indian Stock Market Tips
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