Stocks are not where you get the highest returns for your investments in the short run. We will never know what happens in the future. However, you do actually own a share of the economic engine of the economy, and fund its growth path and plans.
 |
| Stock Market |
I am unlike the typical stock investor. I look at what do I expect in the future. What will I keep using and enjoy using now and in the long run, I think it is perfectly reasonable for me to pump my funds in these companies. For instance, I do expect to use a lot of Internet and telecommunications services, I expect to use online banking, I may drive around in fuel-efficient and perhaps self-driving cars. I will probably live in downtown in a city where the weather is good and the job opportunities aplenty (and so do both elderly folks and younger working professionals), I do grocery shopping in both places where I need to touch and see things and online.
Also, I try to match what I expect to spend in the near future to the portfolio I am having, so telecommunications never go above 20% of my portfolio, cars never above 20%, housing never above 30% and so on.
I wish you good luck in your investing journey!
No comments:
Post a Comment