“If you want to know why you bought a stock, ask yourself why you’re buying it, not why you didn’t buy it,” he said.
“And if you want the full story, go to your broker, get a letter from your broker and go back and ask them why they bought it.”
The question, he said, is: “Why is this the right time to buy a business, the right business to invest in, the correct business to own?”
That’s where we come in.
I’m the CEO of the Chicago-based investment company, which helps people with small- and medium-sized businesses invest in stock.
I got a letter this morning from my broker saying that I’m going to invest money in a small company called X, which is a software company that helps businesses run.
So I’m buying the stock.
My broker is going to put $50,000 in X stock.
The stock price went up.
I had a great conversation with the broker.
The question is: What is the business?
And what is the product?
And if you can answer that question, then you have a business.
Now, my broker is a broker by trade.
He is a hedge fund manager by trade, so he understands the market better than most people do.
So he told me what he did know.
He said, ‘This is a business.’
Now, if I invest in a business that does something good, I want to be sure that the business is going somewhere good.
So that’s why I want the stock price to go up.
The business is the same as the product.
That’s what I’m looking for.
And so if I see that the stock is going up, and I feel that the investment is worth it, then I’m invested in X. The next thing is, what are the products?
The business isn’t the product, the product is the company.
And that’s a big difference between the investment and the buying.
So, if you have something that is a great product, you can invest in it.
But if you don’t have the product that you think is a better product, then what’s the point of buying?
If you can say, ‘Hey, I’m an investor.
I think the business of X is a good business.
It’s got a lot of good people.
They have a good product.
I have a great investment strategy.
I want X to be a better business.’
Then the stock market goes up.
It goes up 10 percent.
But what’s interesting is that I’ve been investing in stocks for 40 years.
So this is my second time doing this.
I’ve invested in a couple of different companies.
So it’s a very different process.
But my strategy for investing has worked for me.
I went to my broker with a letter.
And the letter said, “I think you have what it takes to invest into X.”
The broker is the person who knows everything about the stock industry.
And he or she is the best person to get in touch with a broker.
And if your broker says, “No.
That doesn’t make sense.
That sounds crazy.
Let me explain.
I really think you can do a better job in the stock business than the broker,” that’s how they feel.
So they send you an investment letter and they give you the right questions to ask.
And they give the right answers to your questions.
And what I found out was that I was not only being educated about stock investing, I was also being educated and listening to the broker and the adviser, which was very helpful, because the advice I got from my own experience was, ‘Look, I’ve got a bunch of great advice.
It might not be what you want.
But the fact is, if the advice you get is right, you’ll probably get a better return on your money.
But you might not get the returns that you need.
You might have to go into debt, and you might be very upset about that.’
So that was the big takeaway for me that you don.t have to be rich to be successful in stock investing.
I also learned that it is better to have a better relationship with your broker than it is with the advisor, because when the advisor comes to your home and says, ‘You know, you should be doing XYZ stock investments, you know,’ the broker has to listen.
The adviser has to be willing to listen, too.
So when the adviser is in your home, the broker needs to have that relationship with you.
So you need that relationship, and that relationship is one that I think most people have in this business.
I was really impressed with what I was able to learn about investing from my first investor, my mentor.
He was the person that I talked to about all of this.
And his advice was: You want to do this right, but you also want to have an investor that is going after a