There are many reasons people choose to avoid stock investments. With so many stocks to choose from finding the right ones to invest in can be overwhelming. Even knowing where to begin can be difficult. But it shouldn’t be. Finding potential stock investments abound everywhere and can come from the most unconventional sources including your own mutual funds.
Who really wants to spend hours on end pouring over pages upon pages of financial statements and stock screeners. It’s not even my idea of a good time. So, instead of thinking big we need to minimize the entire process, cut out the fat, and get to the good stuff.
Invest In What You Know
I’m a big believer in the Peter Lynch philosophy of investing in what you know. So what better place to start then by looking through your monthly budget, bills, shopping bags, grocery lists, favorite products and favorite stores. You could even expand it to include things at work. The one thing you’re an expert at is the products and services you use every day. Continue Reading…