Originally Posted by TBear
Alot more to this than I thought. I have interest in throwing a bit towards some stocks and just letting it sit. I understand it is not the way to "play the stock market" but I am just looking to having another small investment on the side. What is the best way to just buy some stocks like this and do you recommend against this idea?
Theres pros and cons, its just up to you. If you really want tp try to make it profitable, youll have to take bigger risks in what you invest in. You kinda have to see whats going on right now, and see into the future. For instance, the baby boom generation is getting about that age where they are aching and whatnot. Its a huge market. One may look into what demands this market may need in the future, whether it be wheelchairs or whatnot. You would try to look for an upstart company whos providing this demand, or future demand, who doesn't have much competition at the moment. Beyond that, its risk. Maybe the company folds or whatnot for example. (Note: it probably wont be wheelchairs, enough of those already, just an example.)
Or, you can buy a stock in a tried and true company, and judging by your reseqrch and whatnot might become even way more profitable in the future. Theres risk in investing in a bigger trid and true company like this, but the risk is smaller. That said, the stock will cost alot more to buy, so go figure. Pros and cons.
This info came out years ago, and has been gaining steam for a while now. Who knows what is going on right now as far as this is concerned, but just an idea of who/what you want to be keepjng your eyes and ears on for investements (and this may be a hot tip investment im telljng you, but oh well, just helping a brotha out. And its not just the grid itself, but everything they may need to make it practical to use for everybody, what we need/will be bought, etc);