I’ve found that there are some good tips to keep in mind when investing in the stock market. You want to never panic. You want to make sure that you never invest too much of your money into the stock market. Even if stock prices for a company are low, you can still buy some. Keep in mind that you want to watch a stock’s performance over time to understand the trends it has. There are always additional costs when buying and selling stocks such as a brokerage fee and securities transaction tax so know that. It is never a bad idea to enlist the help of a professional when looking to invest, they have made it their career after all to understand the market.
Always make sure you are well diversified in your stocks making sure they cover a wide array of sectors. Also, have patience and trust your investments. That being said, you can also look at www.moneyandmarkets.com for some additional ideas on how to make the most out of your stock investment. The following are some ideas of great stocks to begin investing with. A first great option to invest in is Disney. The company is a media giant that has ABC, ESPN, Pixar, Marvel Entertainment, and Lucasfilm under their umbrella. Those are some big names! A second great company to invest in is Starbucks. I can appreciate this given that I am from Seattle, and Starbucks has monopolized every street corner it seems up there in the great pacific northwest. People love their coffee and will pay their prices. They have also started to increase their sales of juices, teas, and even baked goods.
Third, IBM is a great company to purchase stock in. Although originally known for their computer hardware, the company is expanding to become more of a one-stop shop for anything IT which is making it a good place to invest. Another great company in a completely different sector of the economy is ExxonMobil. They are the biggest US gas station and have global oil explorations. By owning some of the stock you can offset the high prices you undoubtedly pay at the pump week in and week out. If you are into technology a great company to invest in as I’m sure you can already guess is Apple. Although Apple products never seem to be on sale, their stock is at a good price as of late. If you are looking to invest in a stock that has had a great history of dividend payout, look no further than Proctor & Gamble.
They have had 56 years of increased payout increases. Now that’s what I’m talking about, reliable and consistent money. Lastly, consider looking and investing in Coca-Cola. They are the number one brand in the world if that tells you anything. They have even expanded to grow internationally. As you can see with these different great companies to purchase stock in, they come from a wide array of sectors in the economy. Pick a few and see your investment grow.