How to Build a Stock Portfolio You Love
There’s nothing wrong with sticking to what you know.
New investors often look to others for advice on where to put their money. It makes sense: they don’t know what they are doing so they ask people that do. While seeking out expert advice is good, it shouldn’t be the source of all your investing decisions.
Learning what to look for in a stock takes time and seeking help from others (whether it be a personal friend or someone online) is very useful. Even experienced investors can stand to learn something new. Learning how to read a balance sheet or what matters in an earnings report takes time and education.
It’s important to know, however, that it’s not good to invest in a business just because a ton of other people love it.
Building a portfolio you love takes time. As a recent college graduate (a.k.a. a broke man), it’s hard for me to put together a dream portfolio full of my favorite companies in the world. But nearly three years into my investing journey, I have a stock portfolio that I love. Here are the companies:
- Microsoft
- Disney
- Nike
- Mastercard
- Spotify
- Beyond Meat