NorthEast

Investing your own money is a complicated and potentially dangerous business. One slip in the tricky world of stocks and shares can prove very costly. So Times Money offers a guide on how to survive and profit in the investment jungle. 1) Buy low; sell high. 2) Don’t chase performance. If you like a stock or fund, buy on the dips. 3) Run your winners. In other words let your profts roll up and don't be in too much of a hurry to kiss goodbye to your best-performing investments. 4) Cut your losses before they become excessive. 5) Never get too attached to a share or a fund. As the late Sir John Harvey Jones once said: “You sometimes have to kill your favourite children.” 6) In general, think long-term. As Warren Buffett, the great US investor once said: “Never buy a stock unless you would be happy with it if the stock exchange closed down for the next 10 years.” 7) But don’t let that stop you reviewing your portfolio regularly. You need to check that your portfolio is properly balanc...

Some investors might think they have had a rough ride on the stock market over the past seven or eight months. But the recent share price gyrations pale into insignificance when compared with the biggest stock market falls of all time. 10) Wall Street 1901-03: -46%The market was spooked by the assassination of President McKinley in 1901, coupled with a severe drought later the same year. 9) Wall Street 1919-21: -46%There were fears that the new automobile sector was becoming overheated and that car ownership had reached saturation point. 8) Wall Street 1906-07: -48%Markets took fright after President Theodore Roosevelt had threatened to rein in the monopolies that flourished in various industrial sectors, notably railways. 7) Wall Street 1937-38: -49%This share price fall was triggerd by an economic recession and doubts about the effectiveness of Franklin D Roosevelt's New Deal policy. 6) London 2000-2003: -52%The UK took sixth place in the table with a 52 per cent market fall betw...

Some investors might think they have had a rough ride on the stock market over the past seven or eight months. But the recent share price gyrations pale into insignificance when compared with the biggest stock market falls of all time. 10) Wall Street 1901-03: -46%The market was spooked by the assassination of President McKinley in 1901, coupled with a severe drought later the same year. 9) Wall Street 1919-21: -46%There were fears that the new automobile sector was becoming overheated and that car ownership had reached saturation point. 8) Wall Street 1906-07: -48%Markets took fright after President Theodore Roosevelt had threatened to rein in the monopolies that flourished in various industrial sectors, notably railways. 7) Wall Street 1937-38: -49%This share price fall was triggerd by an economic recession and doubts about the effectiveness of Franklin D Roosevelt's New Deal policy. 6) London 2000-2003: -52%The UK took sixth place in the table with a 52 per cent market fall betw...