The best advice I have ever heard for buying stocks is "invest in companies that you buy from". If your favorite store is WalMart then buy stock in WalMart. If you are complaining about the high cost of gasoline then buy stock in an oil company. If you buy Disney DVD's then invest in their company.
I am personally more of a mutual fund investor and I have a very nice energy mutual fund that has a wide range of company stocks including EXXON. That little beauty has earned me close to a 50% profit since first I first purchased it 2 years ago.
For some great tips on stocks I recommend visiting Motley Fool at fool.com
No comments:
Post a Comment