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Reply to "What stocks to buy? How to research?"
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[quote=Anonymous]Open a brokerage account at Schwab, ETrade, Scott Trade, etc. it only costs $7-10 to make trades. It's very cheap. Seeking Alpha is a good source of information. Google dividend champions and dividend achievers for ideas about what companies in which you want to purchase shares. What companies would you like to be a part owner in that enterprise. I can't tell you which companies to buy because we all have different ideas. For instance you may think that Apple is the greatest company in the world because of their great products. You might think that Proctor & Gamble is a bad investment because they sell Tide Detergent and toilet paper? However, for my investment dollars I know Apple's share value is only as great as their next product cycle and someday they may get beaten out by Samsung or Google. On the other hand I believe people will alway need laundry detergent and I'm fairly certain they will always need toilet paper as well. Realistically, there's competition in the TP busness too. Start with about ten dividend champions. Reinvest your dividends and watch your wealth and investor knowledge grow. It will take several years, but while you are still very young, you'll have already become a CAPITALIST on your way to becoming independently wealthy. [/quote]
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