Learning to Manage Money

Uncommon Stock Lessons Learned

This year I’m jumping into stocks big time, and the more I experiment the more I realize I don’t know as much as I thought I knew.

I use to have certain criteria that I followed that I believe was a no-brainer for picking stocks.  But now I’ve come to the realization that one system doesn’t work for all stocks.  Companies can be quite complex and unpredictable.  There is a world of variables that can know a company and it’s stock out in a heartbeat.  Don’t believe me?  Then consider Novell!  At one time Novell controlled 80% of the network and network server environment, but now they are no more, or a shell of what they use to be.  When was the last time you’ve heard of a system using the not ancient Novell network software?

I went from high dividend yielding stocks, to medium dividend yielding stocks and now to the consideration of recently IPO-ed stocks, and then into larger predictable stocks that don’t grow as quickly but are safer and still have a respectable yield (Kimberly Clark, ticker KMB is my latest purchase in this category).

I find this year in all of the excitement of an excellent bull rally, that my style of researching stocks is evolving all the time!  I’m even thinking of using options to enhance my gains, or to at least provide insurance that my losses in a given stock isn’t too deep.

Everything is up in the air!

Rich

 

 

5 Responses to Uncommon Stock Lessons Learned

  1. [...] @ Growing Money Smart writes Uncommon Stock Lessons Learned – Along with this great 2013 bull rally, I find that I’m continually evolving both my [...]

  2. [...] @ Growing Money Smart writes Uncommon Stock Lessons Learned – Along with this great 2013 bull rally, I find that I’m continually evolving both my [...]

  3. [...] @ Growing Money Smart writes Uncommon Stock Lessons Learned – Along with this great 2013 bull rally, I find that I’m continually evolving both my [...]

  4. [...] presents Uncommon Stock Lessons Learned posted at Growing Money [...]

  5. [...] @ Growing Money Smart writes Uncommon Stock Lessons Learned – Along with this great 2013 bull rally, I find that I’m continually evolving both my [...]

Leave a reply