How To Invest In The Stock Market Wisely


Now I  can tell you that Kitty and I are not very experienced when it comes to investing, but we leverage a lot of good expertise which is out there. One of the most interesting pieces of advice we recently got – after asking our new financial advisor to recommend something to invest in was: what products and services do YOU buy? What companies do you frequent? If you use these products and services, and you think that there are plenty of people out there who use them as well, wouldn’t that be a good value stock to buy?

For example, lets say you hit Starbucks every day. While inside Starbucks, you note that its busy, and getting busier. Over time, don’t you think that might be a good stock to own? It seems obvious, but a lot of times people buy stock with the expectation to hit a huge jackpot. That is extremely unlikely – you may as well buy a lottery ticket!

Basically, the guy is just making sense. As long as you aren’t in it for a quick buck, which in this market is practically impossible, I figure that its not bad advice. Sure you might not see a huge jump in the stock price, but over time it will likely show good value. So here’s the money tip of the day, if you buy their stuff, then maybe the stock is worth a look. Just saying…