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The Stocks I'd Most Want to Own If I Had $1,000 to Put to Work Today [Globe and Mail, The (Toronto, Canada)]
Last microsoft corporation earnings: 4/29 04:06 pm
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who doesn't quite know how to navigate through turbulent markets. Of course, dipping a toe with $1,000 and eventually working your way up makes a lot of sense, provided your commissions are low or non-existent. But what's a good candidate for a first stock? Probably not the red-hot play you heard on television or the meme stock that's been touted online. Instead, I'd encourage investors to follow in the footsteps of a great like Warren Buffett. While sticking with easy-to-understand companies with “economic moats” might not be the most exciting thing to do in the world, I do think that investing in what you know can be a great way to reduce the chances that you'll panic once the broad stock market heads lower. Indeed, sometimes, a stock will start marching lower for no good reason. And if you know the business and can separate the noise from the actual business itself, you might be able to know the right move in a moment of market-wide panic. In any case, if I were to put a $1,000
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