Investing in Stocks… Again

I have once again decided to invest in stocks. I say that because I used to do it occasionally before but now I want to do it as part of my income growth strategy. Idea is to invest in stocks that have the likelihood of growing in the next 5-8 years. Since I don’t need the money in the immediate future, I can afford to take short term risk.

I have dumped Zecco for Etrade and the one and only reason is that Zecco doesn’t have an iPhone app. Apart from that, Etrade interface is superior and rich in information. Zecco is inexpensive and adequate if you are not interested in utilizing trading tools. Did I mention Etrade has an iPhone app?

Not that I am a show off or anything, I have had real good luck in the past with stocks. I am a “gut” investor and don’t really care about the financials. Being a number crunchers myself, I don’t trust the numbers I see in financial reports. Numbers are numbers, they don’t say anything about the integrity of management or promise of the product/service.

I will share my stock picks as time goes on and maybe if I am picking a stock for a reason other than my gut then I will explain with details.

(From now until December 31st, 2010, E*Trade is offering free trades for the first 60 days you open your account, no strings attached. Get the details here.)

Related Posts Plugin for WordPress, Blogger...

Tags: , , , , ,