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Many of you may be looking at you r 401k balances and you might be wondering “what are the best stocks to invest in right now.?” I am by no means a financial expert, but I have picked up a thing or two being a stock broker in my past life. The key to makng money in this market is picking stocks that can withstand the test of time. Find companies that sell products regardless how the economy is doing. For example… Take a look at Proctor and Gamble. I would be will to bet you have already ready used two or three of their products today. Well….did you brush your teeth today? If so, odds are you used a Proctor and Gamble product. Did you wash yout hair, use toilet paper? You see the pattern. Another factor you want to look at when determining the best stock to invest in, is to look at high quality comapnies that pay dividends. For the most part dividends typically remain constant and provide monthly or quarterly opportunities to buy more stock without costing you a dime. I would look at DTE or ACG. Know this, buying any stock or other investment for that matter is risky, please only invest it what you can afford to lose. |
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