Monday, February 23, 2015

Market Views From An Amateur

Market Views From An Amateur


Always on the look out for new opportunities, I have two distinct markets that I always try to keep an eye on whenever possible. The two markets I'm speaking of are the stock and housing markets. While I have more hands on experience in the stock market, I'm studying housing just the same.

Both the stock and housing markets are environments that need attention to detail and extensive research before making a move from an investors stand point, especially when getting into spending anywhere over 10k up. In regards to stock picks, I have learned that one of the best practices would be to review company information, the people involved and the company's overall performance. These three factors and sales really do make all the difference in the company's stock performance. 

Investing in penny stocks with a "potentially big payout" seems cool until investing in a promising pick turns out to an absolute nightmare and could more than likely give you 50-100% of loss. My opinion on investing would definitely be to look for long term investments. Company's that are trusted by millions of people around the world usually do a better job of providing dividends vs. a start up that quickly vanishes like it never existed.

In regards to the housing market, home prices continually seem to be going up in Canada and with all the developments set to take place across the country it seems to only be going up. My opinion on the housing market would be to get in early and sell later vs being the person buying at a higher rate. Looking outside of the country to places such as the USA and beyond would probably be a good route of action.

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