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Thursday, June 7, 2012

The Better Way to Invest

I have since realized that my method of investing was a bad one, because I couldn't diversify enough. I only stuck with 3 industries, which were volatile and not sure to give me return, so as a result, I sold off all of my stocks in hopes to completely revamp my method of investing.

So what I did (I would like to show you guys a picture but it would be too much of a hassle) was list all of the different major players in the different industries I wanted to invest in.

This is basically the list I created:

I listed the industries and some great companies which fit into that industry, and I also listed some prospect investments.

So here it begins!
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Technology:

IBM, APPL, MSFT, INTEL

Food Services:

KRAFT, SMUCKER, GENERAL MILLS INC.

Industrial Services:

CATERPILLAR, LOCKHEED MARTIN

Good Investments:

WAGTX, ROYAL BANK OF CANADA.
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I know this might seem kind of confusing right now, but its somewhat hard to explain and I am still in the middle of the process of deciding on which investments to go with. (I'm really try-harding this one.)

Don't worry, I'll be here next week with my choices and reasons.

I need to get this thing done, but I need something which is not my friend right now, time.

Kevin.


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