Fri 26 Jan 2007
Investment Research 101 – Getting Ideas
Posted by RichSlick under MMO
[2] Comments
The past two days I’ve written a hypothetical story about where investment ideas can be found but if you can change your mindset to OBSERVE everything around you when you’re somewhere the ideas will begin to come naturally.
Going to the mall to shop? Why not sit down for a few minutes and watch the people go by and ask yourself.
How many shopping bags are people carrying?
What kind of shopping bags are they?
Which stores are the fullest and which ones relatively empty?
If you’re a school teacher can you ask yourself:
Which publishing company has your school district purchased their books from?
Where do kids go to buy their school supplies?
What are the school supplies and who manufactures them?
What kind of cool gizmos do the kids have? Who makes them?
If you travel overseas for business frequently there are hundreds of questions to ask….
Which airlines do most people fly to this destination?
What kind of people are on board? What kind of gadgets do people have? Who makes them?
When you arrive what hotel chain do you stay? What kind of restaurant chains are popular?
What kind of cars are the local driving? How much gasoline do they consume?
Do you see cranes building scryscappers all over the place (e.g. China)?
What do I see most of the time? I see a bunch of zombies completely oblivious to their environment. I see this at the mall, I see this on airplanes, I see this in foreign countries, I see it everywhere. You don’t need a Ph.D in Stockology to find investment ideas; you don’t need to be a stock “expert” to make investment decisions. All you need is the ability to think, observe and take action.
Now would be a good time to check out some investment ideas over at to see what opportunities exist via ETF Covered Calls.
January 28th, 2007 at 6:03 am
The final link in the article is currently http://www.getrichslick.com/www.etfcoveredcalls.com when I think you want it to be
January 29th, 2007 at 11:31 am
Thanks – I goofed.