Don’t Miss The Tech Boom!

don't miss out!

It’s very easy to be distracted by all the negative noise around us!

Between the government shutdown, Fed Chair Jerome Powell, the trade dispute with China, and the stock market decline over the last four months it’s enough to make any new investor nervous about jumping into the stock market.

I can assure you that we will continue to have volatility.  However…please keep your mind on the bigger picture, and don’t be afraid to get started.

You see, there are things in motion that cannot be undone.

In fact, history has demonstrated that recessions or economic slowdowns are good for disruptive innovation.  Companies like Salesforce.com (NYSE: CRM) thrived during the Great Recession.  It was not reflected in the stock price in the short run, but they crushed the market over the long run.

I share in my book, The Stock Market is For Everyone, about how I missed out on Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) early on.

We are now at the beginning of quite possibly the biggest tech boom ever.  Please, please don’t miss out!

Tomorrow morning, I’m going to post a list of five stocks currently priced at under $50 per share.  If you have not yet started investing, any number of shares of any of these companies would be a great place for you to begin.

screen shot 2019-01-27 at 8.54.55 pm
Source: stockchoker.com

What could your investment in a disruptively innovative company be worth in 20 years?

 

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

 

Advertisements

Patience Is The Key!

image 1-25-19 at 9.06 pm

Good things come to those who wait.

Especially when it comes to investing.

If you asked me what the most important trait is for anyone to be a successful investor, I would say, hands down, patience.

It is in our nature, as humans, to speed rather than go slow.  And we crave instant gratification over waiting.

However, you will have a hard time succeeding as an investor without patience.  Investment themes take years – and oftentimes decades – to play out.

You may own a company that just sits there during a blistering bull market, causing you great frustration.  It would be easy to say, “The hell with this stock!  I’m going to buy another.”

More times than not, that would have been a mistake.

Case in point: For three years, I had been watching a company called Madrigal (NASDAQ: MDGL).  From 2015 to 2017, it was like watching paint dry.  It traded between $15-$17.

By the middle of 2018, Madrigal stock was $300.

It took years for the investment thesis to play out.  But once it did, the stock exploded.

Patience!

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)