Scott and James discuss how to invest in stocks for beginners.
Listener Question
Sometimes I can tend to pull the trigger on things before doing enough due diligence. If I make a stock purchase and later am not sure it was the best decision, how long should I wait before selling the shares and moving on from that company.I'm not talking about buying a company and then a week later the stock price dips a little bit and that being reason to dump shares but more fundamentally if I no longer believe that a company is worth the investment how long after that point should I wait before selling the shares?
Planning Points Discussed
Timestamps:
3:00 - Not Longer Just "It Depends"
6:26 - Fundamentals
7:48 - Appreciation v. Dividend
14:34 - Types of Investments
20:12 - JP Morgan Study
26:35 - When To Sell/Buy
27:10 - Aligning Your Financial Goals
LET'S CONNECT!
James
Scott
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