What companys’ stock you should buy?
of course, I’m not the right person to talk about this, but I always remember what I’ve learned in morningstar class.
In my debut on buying stocks, I choose a wide moat company and a sector of prime necessity (honestly I don’t wanna risk too much). And always choose a company or sector that you have enough knowledge about them, how does it works, its products, its image on the market, don’t only base it on its figure and balance sheet.
Third, studying company’s financial statement in 5 recent years.
Read market analysist, expert recommendation, surely helps you to decide what to do, which to buy, when to buy, etc.
The most important is to be patience, wait for a fat pitches and have a safety margin.
I’m not a good investor, I’m learning to be a good one. I enjoy it.
And I’m surprised to found a lot of sites that teach you about investment - FOR FREE, it’s not that difficult….
And I’m happy to find this new knowledge, it teach me how to manage your money, what you want to do/have and what you do to achieve it. I now appreciate money in distinct way.
I am now part of worldwide bussiness and it push me to keep informed, to make a decision.
I diversified my saving on 3 basic plan:
1. 60% in Stock Exchange Fund (3 years)
2. 30% in fixed deposit (1 year)
3. 10% in stocks (right now I divided in 3 sectors: banking, technology and oil&gas).
Now I consider my job as a source to finance my future, I don’t know….at least, when human set to have a goal in his life, it doesn’t cost you to wake up every morning…(except the weekend)..
I’m not saying that when I wake up I say “I’ll make more money than yesterday”, but it’s a good feeling when you’ve done something intelligent in your life.
