The Future for Investors
I'm reading Jeremy Siegel's the Future for Investors. He's telling me that I'm falling into the "growth trap" and my investment strategy sucks.
He's probably right. I mean, I don't know exactly what I'm doing - yet I've made $2000 dollars in the last three months. Beginner's luck, I think. He's saying that I should be more conservative in my investment strategy. Hold the stock "FOREVER".
I don't know about all that, but he's saying that buying older stocks and reinvesting the dividends will make me more money in the long run. I don't think he's entirely wrong. I'm going to look into Kraft Foods, KFT, Coca-Cola, KO, General Electric, GE, Disney, DIS, and Exxon, XON and so on.
I mean it was a strategy I was already thinking anyway. Sort of... He's probably good at his job you know.
He's probably right. I mean, I don't know exactly what I'm doing - yet I've made $2000 dollars in the last three months. Beginner's luck, I think. He's saying that I should be more conservative in my investment strategy. Hold the stock "FOREVER".
I don't know about all that, but he's saying that buying older stocks and reinvesting the dividends will make me more money in the long run. I don't think he's entirely wrong. I'm going to look into Kraft Foods, KFT, Coca-Cola, KO, General Electric, GE, Disney, DIS, and Exxon, XON and so on.
I mean it was a strategy I was already thinking anyway. Sort of... He's probably good at his job you know.