So you read the Wall Street Journal, subscribe to Motley Fool, watch Bloomberg and CNBC but are still sitting back saying Gee, why am I not the next Warren Buffet? Simple, if you want to be Warren Buffet you have to think like Warren Buffet. Since you actually can't be Warren Buffet and ever truly think like him 100% of the time your going to have to change your thinking when it comes to investing and then jump in.
Now if your bored already and say blah, blah, blah here is another article that is going to be all talk no action and really won't tell me what I need to know. Well then for you I will give you another stock pick below.
Get to the point what is this investment strategy? (I love my readers they are demanding).
Usually articles will go on and on and never tell you what you need to know so that by the time you finish you forget why you were reading. Well not this one, as I said I have no agenda, not out to make a profit off this blog, it is intended to help you learn Wall Street and investing without having to get a degree in Economics from Harvard to purchase stock.
The best investment strategy no one told you about? You don't need to reinvent the wheel. The way to be successful at investing is to do what others have done and build from that. Grab the wheel build a cart, look at the cart build a car. Isaac Newton once said:
"“If I have seen further it is by standing on the shoulders of Giants.”
So back to Warren Buffett, Joseph Kennedy, Carl Munger and other great investors. Follow the strategies they have used to build wealth. Keep reading Wall Street Journal, William'sWallStreet. Motley fool etc.
William, you just said I will never think like Warren Buffett, your full of crap!
You won't, you will always think like you, but you can change your thinking to trust that investment strategies that have worked in the past will work in the future. Remember we are focusing on long term goals not a quick buck. The best thing you can do is research a company understand that company will be around for years to come and see what the overall potential is for profit. You can also be lazy and just look at my picks because I have done that research for you. Remember I will never pick anything I am not willing to put my money into as well. Which is why I would never recommend Bitcoin.
Now get up stand tall, picture yourself on the top off those giants at the top of a mountain; a mountain of money built by these investors. Now dive in. Careful if your floor is cement well then I suggest you don't really dive just imagine you did. Remember this strategy works in all aspects of life not just investing. You want to make a great cake? You follow a recipe, watch Gordon Ramsey and Wolf Gang Puck, or the Great British Baking Show. You want to learn how to knit, or fix a car, broken window etc. you can watch a you tube video and follow what someone has already done. Somehow with investing you think these strategies will not work for you. You need to trust your cake won't fall, your car will not break down in middle of highway, or that the window pane will fall out because of bad glue.
So following on the backs of these giants I would buy Allison Transmissions Holdings (ALSN) ~ Allison Transmission Holdings, Inc. and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium-and heavy-tactical United States defense vehicles.
Currently trading at 41.40 and they pay out a $0.60 cent dividend per share a year. Focusing on long term with defense and uncertainty in Syria and other places as well as our need for infrastructure spending; this stock over time should be a great pick if not for the dividend alone. They are about to announce their earnings April 30, 2018 and the stock will go ex-dividend May 10, 2018 paying $0.15 cents a share ($0.60 is yearly amount).
Donations: Paypal: firstname.lastname@example.org this is meant for entertainment and educational purposes only investments and purchases are your choice and I always recommend speaking with a licensed financial advisor before making any investment decisions.