Why Do Only a Few Investors Succeed?

Investing – in stocks, mutual funds, ETF’s, etc. – is much like anything else.  Out of the many who try it, only a few end up really doing well with it.  But why?  Shouldn’t anybody who bought Apple or Amazon or Starbucks or MasterCard or PayPal or [insert name of ginormous, highly successful company] stock back in the day (or even the past five years) have done well with it?

The funny thing with stock investing in particular is Continue reading “Why Do Only a Few Investors Succeed?”

Stock Starter Series, Part 5: Final Insights

Welcome to the final post of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series has been to try to simplify how to get started in this most exciting financial journey and now I will provide some final insights. If you’re just jumping in at this post, you won’t get a whole lot out of this series unless you go back and start with the first post.

I realize that the first four posts in this series have perhaps been a bit of a marathon.  Trying to simplify how to get started in something as multi-faceted as stock investing doesn’t necessarily mean that things would be short and sweet!

Also, I didn’t want to make any of those posts longer than they were, so I’ve saved some final insights for this one. Continue reading “Stock Starter Series, Part 5: Final Insights”

Stock Starter Series, Part 4: When to Sell a Stock

Welcome to Part 4 of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series is to try to simplify how to get started in this most exciting financial journey. If you’re just jumping in at this post, you won’t get a whole lot out of this series unless you go back and start with the first post.

In the last post, I gave some (hopefully) very practical tips on how to go about buying your first stock, but there comes a time when a person eventually wants or needs to sell a stock.

So let’s get right to it: when should you sell a stock? Continue reading “Stock Starter Series, Part 4: When to Sell a Stock”

Stock Starter Series, Part 3: Buying Your First Stock

Welcome to Part 3 of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series is to try to simplify how to get started in this most exciting financial journey.  If you’re just jumping in at this post, you won’t get a whole lot out of this series unless you go back and start with the first post.

My hope is that you’ve taken some time to think about the last post, namely which source(s) you’re going to choose to find which stocks to invest in. Again, whether you choose to seek professional advice through an investment advisor/stock broker or not, I strongly urge you to Continue reading “Stock Starter Series, Part 3: Buying Your First Stock”

Stock Starter Series, Part 2:  Finding Stocks to Buy

Welcome to Part 2 of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series is to try to simplify how to get started in this most exciting financial journey.

If you didn’t read the first post, then you should really read it before this one.

If you did and you sincerely answered ‘yes’ to the five questions near the end, then you’re reading this post because you’re pretty convinced that stock investing is for you. Continue reading “Stock Starter Series, Part 2:  Finding Stocks to Buy”

Stock Starter Series, Part 1: Why Stocks?

Welcome to Part 1 of a 5-part series for the brand-new stock investor – or the person still thinking about it! My goal in this series is to try to simplify how to get started in this most exciting financial journey.

So let’s get right to it: with all the different things into which a person can invest some spare money, why do I think that you should make stocks your top choice? Continue reading “Stock Starter Series, Part 1: Why Stocks?”

Is Diversification Good or Bad?

A popular mantra in the world of investment advising is the idea of diversification, of dividing your money into several different types of investments instead of just one or a few and, in the case of stocks, into several different companies.

This is in stark contrast with Warren Buffett, considered one of the most successful investors of all time and arguably the most famous, who once said: Continue reading “Is Diversification Good or Bad?”

How One Stock Will Produce Winners and Losers

Let me reveal right up front what most inexperienced stock investors fall for:  the buy recommendation.  Whether it’s from a time-tested, reputable service like The Motley Fool, a financial advisor, or from a friend – or a friend of a friend – people who know little to nothing about stocks and the market and investing can get Continue reading “How One Stock Will Produce Winners and Losers”

Choosing What to Invest in Does Not Need to be Complicated

When it comes to deciding what to invest in, particularly stocks, people can get easily overwhelmed – especially those just starting out.  Not only are there thousands of stocks to choose from but too many people focus on charts and numbers and the never-ending analysis and advice.  Some of the most successful investors in history, Continue reading “Choosing What to Invest in Does Not Need to be Complicated”