Once I decided which stocks to invest in, the next logical step is "how do you do it"? It so happens that I have had an IRA (Individual Retirement Account) account with Vanguard, the second largest Mutual Fund family after Fidelity. I chose Vanguard because of their low costs and the fact that it is the ONLY Mutual Fund Company that it is NOT FOR PROFIT. I purchased my stocks via their brokerage services (no transaction fees). Next week I will start tracking the performance of my 5 stocks portfolio. All information on my stocks can be easily obtained from Yahoo Finance". For simplicity, just click on the symbol of my stocks and you'll get all financial data you ever wanted. And all of this for FREE, no need to pay for fancy advice websites. Once again here are the symbols of my five stocks with hyperlinks to Yahoo
Finance: COST, F, JNJ, MSFT, NSRGY. Tip: you don't need as much info on your stocks as they tell you on CNBC. Once you decided you're comfortable with investing in the US/World economy and you selected your stocks based upon your own knowledge of their products and services, Ben Graham advises you pay attention to these key financial statistics: Price/Earnings (P?E) and Price to Book (P/B) easily found on Yahoo Finance. I'll publish my list of stocks and my tracking procedure on my next post.
Finance: COST, F, JNJ, MSFT, NSRGY. Tip: you don't need as much info on your stocks as they tell you on CNBC. Once you decided you're comfortable with investing in the US/World economy and you selected your stocks based upon your own knowledge of their products and services, Ben Graham advises you pay attention to these key financial statistics: Price/Earnings (P?E) and Price to Book (P/B) easily found on Yahoo Finance. I'll publish my list of stocks and my tracking procedure on my next post.