Posted On: 11/05/2014 1:32:53 PM
Post# of 56324
Every time I see a day like this I think of what Warren buffet would do. How to invest for the long term
There’s one small speed bump on the road to investment riches, however: there are literally thousands of things that could go wrong with a company at any given moment. Meaning you could wake up one day and find yourself looking at 50% loss instead of a 50,000% gain.
So how do we find the Coca-Cola in a sea of Zyngas?
Well, the best companies…the ones that turn a couple hundred bucks into millions…have what it takes to win over the long run. Meaning, investors should be looking for rock-solid business models backed by exceptional leadership.
The rest is easy… just buy and hold – even when times get tough.
As Buffett says, "if you're right about the business, you'll make a lot of money." So you can forget about poring over stock charts and panicking at every dip. If you’re right about the business, like Coca-Cola, you’ll come out on top.
There’s one small speed bump on the road to investment riches, however: there are literally thousands of things that could go wrong with a company at any given moment. Meaning you could wake up one day and find yourself looking at 50% loss instead of a 50,000% gain.
So how do we find the Coca-Cola in a sea of Zyngas?
Well, the best companies…the ones that turn a couple hundred bucks into millions…have what it takes to win over the long run. Meaning, investors should be looking for rock-solid business models backed by exceptional leadership.
The rest is easy… just buy and hold – even when times get tough.
As Buffett says, "if you're right about the business, you'll make a lot of money." So you can forget about poring over stock charts and panicking at every dip. If you’re right about the business, like Coca-Cola, you’ll come out on top.
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