Expert: Wong Chin Woon - 7/13/2004

Question
I am seriously considering learning about the Stock Market and the tools of investing. I have a few questions on the subject.

1) What should I invest in?

2) How do I find out what my risk tolerance is?

3) Who makes more money, a stock broker or an investor?

Joe

Answer
Hi Joe,

Stock is out of my expertise as I only trade indices futures.

However, I do have some tips for you.

you have to sort it out yourself what kind of stock you want to invest in. eg. technology stocks, internet stocks, property stocks etc...

Than decide how your investment to be like. eg. you want to hold the stocks for a period of time say a year, or just a month. or you just intend to hold it for 3 days...That's is decide on the what kind of trader you are, long term or short term.

Professional usually risk 2% to 5% of their equity on a per trade basis. Your risk tolerance is really up to you. If you are a risk taker that risk 15% on a single trade, than you may have to go church pray often.

question 3 is and open ended question. no answer for it.

I hope it helps. Thanks.

Wong