Buy Stocks Like You Buy Clothes

Do you like to shop? I do.

I also love to find a bargain. You know what I mean, don’t you?  Nothing feels better than buying those new pair of jeans at 20%, 30%, or even 50% off regular price.

Do you view investing the same way?  You should.  In fact you should like the fact that the stock market is volatile. It goes up and it goes down. My favorite time to buy stocks is when the market is down.  Why? Because I’m buying at a discount.

Watch this video from financial blogger RJ Weiss.  He does a nice job explaining this concept.

Comments

  1. Thanks gentleman for posting this video. I hope it was informative for your readers.

    I got the idea from Warren Buffet. I'm not sure what year he wrote that in, but he used a similar analogy but with the price of cheeseburgers.

  2. I'm not surprised the idea came from Warren Buffett. Most great investing ideas do:)

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