Scott and James discuss how to invest in stocks for beginners.

Listener Question

Sometimes I can tend to pull the trigger on things before doing enough due diligence. If I make a stock purchase and later am not sure it was the best decision, how long should I wait before selling the shares and moving on from that company.I'm not talking about buying a company and then a week later the stock price dips a little bit and that being reason to dump shares but more fundamentally if I no longer believe that a company is worth the investment how long after that point should I wait before selling the shares?

Planning Points Discussed

• Utilizing Time Efficiently
• Capital Appreciation
• Purchasing Power
• Other issues (IRAs, Inflation, Financial Goals, etc.)

Timestamps:

3:00 - Not Longer Just "It Depends"

6:26 - Fundamentals

7:48 - Appreciation v. Dividend

14:34 - Types of Investments

20:12 - JP Morgan Study

26:35 - When To Sell/Buy

27:10 - Aligning Your Financial Goals

LET'S CONNECT!

James

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Scott

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