2 Simple Steps Needed to Build & Grow Wealth
I have a question for you.
If I offer you a brand-new iPhone X for $300, would you buy it from me?
You could Google “iPhone X” and find out that it costs $640.
The answer should be a no-brainer: Buy the iPhone from me for $300, and you could turn around and sell it for a quick profit.
You would have no trouble selling it for at least $400. You’d walk away with a nice return for not doing much. A simple way to grow wealth.
That buy decision was easy because you knew the worth of the iPhone.
Investing in the stock market works the same way. I’ve made a career out of finding companies that are trading for pennies on the dollar.
In this video, I discuss:
- Why you should focus on the downside of an investment.
- How knowing the value of a company puts you at a huge advantage.
- Two steps to take before you buy or sell a stock.
You can watch my previous video here.
The next time you see a stock you’re interested in, don’t look at the price it’s selling for. Figure out the underlying worth of the business.
Because if you don’t, you’re at a tremendous disadvantage to investors who already know the underlying worth.
Let’s say you figure out the underlying worth of the business is $100 per share. Knowing that, you won’t panic should the stock drop from $100 to $60. You’ll know it’s an even better deal because you have an advantage other investors don’t.
And should the stock price rise to $400, you’ll realize you can make easy money by selling your shares. Again, a simple way to grow wealth.
That’s what stock investing is all about: We figure out the underlying worth of the business and buy it when the stock price trades below it. Then we sell when the stock trades above it. It doesn’t get easier than that.
In my Alpha Investor Report newsletter, I take the time to research the underlying worth of businesses and recommend them when the stock price is trading below it.
I recently came across a company that is trading at an attractive price. It’s a world leader, and Wall Street is missing the boat on this one.
Let me do the heavy lifting. You can enjoy the rewards.
Click here to learn more and sign up.
Editor, Alpha Investor Report
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