If you are like me, when you invest, you not only like to get a great investment, you want to get it at a great price. There are a couple of ways to find out if the asset you are interest in purchasing is at a great price:
You can go to Yahoo Finance and do technical and financial analysis on the asset, look at its history and calculate if it is cheap compared to what it has been priced in the past (let me know in a couple of weeks what you come up with).
You can subscribe to an investment newsletter (or several) where analysts you trust give you information you can use to determine if an investment is a good value.
You can work with a financial advisor that will help you invest in different ideas and asset allocate you portfolio.
Whatever you do, you have to have a strategy for investing in assets, plus a plan to get out of an asset. Tomorrow I will talk about an investment exit strategy. You can ask me general questions by calling me at 818-317-6035 or emailing me at bstonercpa@sbcglobal.net or ask more specific questions of the financial advisors in the resource section of my website:
https://briantstonercpa.com/Resources.html
You can count on us to count for you!