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Finding the Right Investment
Finding the right investment can be difficult. There are a lot of companies to chose from. When you’re just starting to invest, long term investments are usually the best. The only problem is long term investments usually involve investing in blue chip companies, which can be quite expensive for a beginner investor. Try saving up your money and investing in big companies with somewhat low stock prices such as Microsoft, Mattel, Starbucks, and Nike. Don’t go for big investments like Google and Amazon unless you have thousands of dollars to do it. When you’re looking for a great stock to invest in, think about the companies you already love. Do you think they’ll grow. If you like the company and you’ll think the company will grow more in the future do some research. Find out things like how much debt they have and where their CEO went to university. Companies that you like are bound to be liked by others too. One very important thing to do is to never invest in an industry you have very little knowledge about and aren’t interested in. It’s always safer to invest in an industry you know a lot about and are interested in. Even the top investors refuse to invest in something they know almost nothing about.
That’s all for now, Ben
The Wok Box
The Wok Box is an Asian cuisine, fast-food restaurant.They sell several different items in boxes for takeout. We decided to try this place after seeing similar food on The Big Bang Theory. When I first arrived I was disappointed by the menu items available. None of them really seemed tasty to me and they didn’t look that different from one another. I ended up ordering the Butter Chicken, which I felt was pretty overpriced. It was about $7 for a small box and the large was $15. The service took a long time. After waiting a about 10 minutes, the food finally was ready. The meal was good, although I didn’t feel like it was worth the money. My medium sized box came with a lot of food in it but most of it was just rice. I was disappointed by this place and likely won’t return. I’d recommend trying this restaurant if you never have before but otherwise I’d go somewhere else.
That’s all for now, Ben
Travel Photo of the Week
Photo by vintagraph.com
Return on Equity
P.S. This video came from a great investor resource called Investopedia. You should look it up if you want to learn more about investing.
That’s all for now, Ben
The Time has Come – The ACTUAL, Last, Basic Investing Post
Ok. It’s time for the actual last basic investing post. Again, don’t worry, this isn’t my last investing post. It’s just my last basic investing post.
April 1, Don’t Be Discouraged
April 7, Get to Know the CEO
Getting to know the CEO of a company you’re considering investing in is highly important. Here are some things you should learn about a CEO before investing in their business.
- Name
- Age & Birth
- Birthplace and Where they were Raised
- Education (University education is the most important.)
- Previous Occupations
- Accomplishments
- And Other Qualification as CEO
April 12 2016, Long Term Debt
Companies with debt can be more dangerous to invest in than companies without debt.
April 15, The Proxy
A Proxy is a way for investors to have a say in the company. When you receive your yearly Proxy report you get to vote on who will be on the BOD (Board of Directors). These people do things like decide who the CEO of the company will be.
April 16, Foundations of a Great Company – Microsoft
April 14, Investment Knowledge
April 27, Drips
Drips are a simple way to get more stocks at a cheaper price by buying them directly from the company.
If you didn’t understand my summaries of the terms above or in my previous post, go to the original post by clicking on the link above the summary.
Below are some great resources for investing. Check them out.
Investopedia.com, This website offers the definitions to 100’s of stock market terms. If there is anything you need clarity on head over there to see a video about the term.
Barchart.com, I use this website to find stocks that I can CONSIDER investing in. Afterwards I do all my research to find out if it is or is not a good investment.
The News, I’ve talked about this before. The news is a great resource for finding stocks to consider investing in and information on the stocks you own. To see my original post on the news click here.
The Stocks App, This is an app that comes with every iPhone and iPod Touch Apple sells. I’m currently not sure if Microsoft or Android device have a similar app but it is a great place to quickly check on your stocks and things like the Dow Jones.
StockWars, This is a stock market simulator app that I used to prepare for the real thing. I’d recommend using it. It’s 100% free, fun, and easy to use.
Every time I find a stock to consider I print and fill out the below information. I’ve done a ton of these. They are an easy way to collect info on a company you’re considering investing in.
Stock Report For:
________________________________
General Information:
Company Name:__________________________________________
Ticker Symbol:________________ Index Traded With:____________
Industry:_________________________________________________
Sub-Industry:_________________________________________
Year Founded: ________ Founders: __________________________
________________________________________________________
Important Information on Founders: ___________________________
________________________________________________________
________________________________________________________
________________________________________________________
Company Headquarters: ____________________________________
Number of Locations (If Applicable): ___________________________
Area Served: _____________________________________________
Products/Services:_________________________________________
Number of Employees: _____________________________________
Subsidiaries: _____________________________________________
Company Website: ________________________________________
CEO Information:
CEO Name: _____________________________________________
Age: _____________ D.O.B.: _________________________________
Birthplace: _______________________________________________
Education: _______________________________________________
________________________________________________________
________________________________________________________
________________________________________________________
________________________________________________________
Other Qualification as CEO: _________________________________
________________________________________________________
________________________________________________________
Previous Occupations: _____________________________________
________________________________________________________
________________________________________________________
Other Details: ____________________________________________
________________________________________________________
________________________________________________________
The Business & it’s Products
Target Audience: __________________________________________
Locations Available: _______________________________________
Company Partnerships: ____________________________________
Past Company Events: _____________________________________
________________________________________________________
Product Analysis:
Product 1:
Strengths: ______________________________________
Weaknesses: ____________________________________
Product 2:
Strengths: ______________________________________
Weaknesses: ____________________________________
The Numbers:
Stock Price: $ _______ Shares Outstanding: ____________________
Market Cap. $ ____________________________________________
Long-Term Debt: $ ________________________________________
Revenue: $ ______________________________________________
Assets: $ ________________________________________________
Notes:
I know it looks like a lot of information but when you invest you need to know everything about that business to decide if it’s a good investment or not.
That’s all for now, Ben
Today’s Mindful Moment
Take a moment to observe your breath. Is it fast and shallow or slow and heavy? Take a few deep breaths, slowly breathing in for the count of 5, holding for 5 counts and exhaling for 5 counts and holding the breath for the count of 5. Do this 5 times. How are you feeling? Are you feeling more relaxed? Continue to breathe slowly, close your eyes and recall a happy memory; a joyful moment that will make you smile. Feel the sense of joy in your heart, Feel the sense of contentment in your body, the warmth of happiness in your soul. Now check in with yourself, how are you feeling? My wish is that you are joyful, calm and centered.
Embrace the moment!
Lori
Today’s Mindful Moment
For today’s ‘Mindful Moment’ have a pen and paper handy.
Take a moment to observe your breath. Is it fast and shallow or slow and heavy? Take a few deep breaths, slowly breathing in for the count of 5, holding for 5 counts and exhaling for 5 counts and holding the breath for the count of 5. Do this 5 times. How are you feeling? Are you feeling more relaxed? Continue to breathe slowly, Observe your clothes, what colors do you see in the clothes you are wearing, write down every color you see. Now become creative with the names of the colors, instead of Red write down Fire Engine Red, Poppy Red, Rhubarb, Raspberry blush continue creating names for the colors for 60 seconds. Now check in with yourself, how are you feeling? My wish is that you are feeling creative, calm and centered.
Embrace the moment!
Lori
Today’s Mindful Moment
For today’s ‘Mindful Moment’ have a pen and paper handy.
Take a moment to observe your breath. Is it fast and shallow or slow and heavy? Take a few deep breaths, slowly breathing in for the count of 5, holding for 5 counts and exhaling for 5 counts and holding the breath for the count of 5. Do this 5 times. How are you feeling? Are you feeling more relaxed? Continue to breathe slowly, look around the room you are currently in, now without thinking too much about it, write down or draw everything you see; Objects, colors, little details that generally go unnoticed. Continue to make a list or drawing for 60 seconds. When you’re finished take a close look at the list or drawing. We often go through our day without noticing the everyday objects that surround us. Take a moment to appreciate your surroundings now check in with yourself, how are you feeling? My wish is that you feel calm and centered.
Embrace the moment!
Lori
Mr. Moose 