Legendary investor Benjamin Graham (1894-1974) once said: "Wall Street people learn nothing and forget everything". Everything one ever wants to learn about investing in the stock market as opposed to speculating is in this book. The essence of Value Investing is to buy quality merchandise (whether it is stocks or socks) when it is marked down.
I have decided to invest in a portfolio of value stocks of companies that I personally know and admire such as: Costco Wholesale (COST), Johnson and Johnson (JNJ), Nestlé (NSRGY), Microsoft (MSFT) and Ford (F). I will follow these shares thru the end of the semester and beyond and report on the performance of this portfolio all the while being aware that a buy and hold strategy is required.
I have decided to invest in a portfolio of value stocks of companies that I personally know and admire such as: Costco Wholesale (COST), Johnson and Johnson (JNJ), Nestlé (NSRGY), Microsoft (MSFT) and Ford (F). I will follow these shares thru the end of the semester and beyond and report on the performance of this portfolio all the while being aware that a buy and hold strategy is required.