Yeah, I know… hunches suck with investing
I learned my lesson with penny stocks… Unfortunately, no, don’t know anything about TradeKing. I don’t know if it’s available for Canada? I’m happy with investing with the brokerage arm of my bank. Just makes things so much easier to administer and less of a headache. I pay $7 so not bad to have everything consolidated. I absolutely hate paperwork.
Hi John,
Thanks for dropping by. I think what I’m learning from the book is just question things more on things you would never think to question. Company buyback a good strategy for some companies but not for others. It’s not a given that it’s the right thing to do for shareholders’ value.
]]>It’s a tough choice… how to find innovation and growth without diworsifying into a different market. And you’re right, it was Buffett who said that and perhaps the companies are taking this easy way out to avoid tough decisions?
Hi Selene!
You made my day! Awesome that you’re starting young! I am lucky that I come from a financially responsible family that made me save and invest very early. But now I’m beginning to question the rules and I’d encourage you to do the same. As you can read from this post, always question what is fed to the masses – if you can turn this into your favor, you’re way ahead of the game. Good luck to you!
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