You don’t need to be a highly paid, highly connected individual to make money in the stock market. I’m of the opinion that being a small fish in this large pond is actually an advantage. It helps you invest in the places the big fish can’t.
I’m sure you know the old saying, if you can’t beat them join them. This could be the best strategy for you and I. By investing in companies that are part of this technological advance, you essentially hedge your life against its consequences.
Buying out of favour stocks is hard for the average investor. As I said, we’re not wired for it. We’re wired for conformity and groupthink. In evolutionary terms, wandering too far from the tribe was a recipe for an early death.
I thought there might be some buying opportunities in the sector by now. But the ‘short term’ is playing out for a little longer than I expected. One of my rules is not to buy into a downtrend, no matter how compelling the opportunity.
It’s not such a bad idea to look in low- or no-growth industries. Take television, as an example. Big Un is a review content-creation company. The stock is up 1,065% this year and could possibly climb higher before the year end.
Apparently, when the French metro was being built in the late 19th century, The builders asked the local bakers to make a thinner, longer loaf that the men could break with their hands, allowing them to leave their knives at home. Et voila, the baguette came into being!
There has been a falling out between two recognised Aussie brands. Vitamin business Blackmores Ltd [ASX:BKL] fell as much as 5.2% this morning, to $129.87 per share.
For our heavily weighted mining and banking based stock market, there’s been no real tailwinds to really drive the general index along. Thankfully this could be set to change…
Imagine if bitcoin and other cryptos became a whole lot easier to trade. With such hype and interest, you’d think the price of cryptos on the whole would rise, right? Well, a future where you could buy a crypto exchange traded fund (ETF) might not be that far off.
The mistake that most amateur investors make is believing that the market should do this or that. And then when it doesn’t, they scramble to protect their point of view, rather than their capital.