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- Here's how you can invest with intention
Here's how you can invest with intention
(this doesn't only apply to investing)
The grandmother of Sasha Aickin, former CTO at Redfin said:
When you buy something cheap and bad, the best you’re going to feel about it is when you buy it. But when you buy something expensive and good, the worst you’re going to feel about it is when you buy it.
It’s almost always worth it to spend a little more (on whatever it is you’re buying) if it means an increased amount of value. And it’s never worth it to spend less (on whatever it is you’re buying) if the value is subpar.
This can apply to penny stocks and blue chips, or it can be a metaphor for short and long-term investing strategies respectively.
But determining the value of things is difficult. Especially if you don’t know what to look out for.
For example, when you’re trying to pick stocks, ideally you should understand how to evaluate certain metrics like P/E ratios, Return on Assets, Net Profit Margins, and the like.
And this takes a lot of time.
It can take up to a week (on the low end) just to manually research a stock on your own.
And that’s just for ONE stock.
Once you involve diversification, which every investor should practice, this can be a portfolio of as little as 5 stocks to as many as 20.
This doesn’t include continuous monitoring of your chosen stock either.
So right off the bat, you’re looking at a minimum of 5-7 weeks of research for a more concentrated portfolio if you do it all on your own.
But with Seeking Alpha, you can save days or even weeks of research if you use their expert analysis and powerful screeners that help you buy companies with high buy ratings so you can outperform.
And if you use my link, you’ll get a 58% discount on your subscription.
For just as little as 28 cents/day, you can have access to premium resources that’ll pay for your subscription multiple times over.
But to take advantage of this opportunity you need my partner link.
Your friend,
Gav.