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.)

 

 

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What To Expect When You Buy Your First Stock!

first stock

When you submit an order to purchase your very first stock, I promise you that nothing earth-shattering will happen.

You may feel a sense of pride – in fact, I hope you do!  You’ve taken the first step towards building wealth for yourself!

Other than that, though…it’ll be very anticlimactic.

So, if the stock immediately goes up or down, how should you respond?

If it goes up, don’t get elated.

If it goes down, don’t get deflated.

We are not concerned with the price a week or two after your purchase.  What we care about is the price after three to five years.  Investing is for the long-term.

Should you watch your stock every day?  If you want.  But it’s totally unnecessary.  In fact, the less you watch it, the better it will be for your sanity.

Now…what if the price drops 50%?

Continue to hold, continue to watch.  Don’t sell.

What if the stock doubles?

Watch, and hope it doubles again.  SELL NOT A SHARE!!!  You might feel very tempted to do so, and take the profit.  But do not sell!  

Buying and holding in these circumstances is how Warren Buffett made his fortune.  

The truth of the matter is that for investors like us, owning stocks is pretty boring day to day.  However…it can be quite eventful over time!

I look forward to you making that first stock purchase.  I’d love it if you shared about it in the comments!

 

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.)