Well I really wanted to get the point across that money management is paramount to successful investing. But for now I am going to go back to the very beginning. Years ago I started off by learnig about good solid blue chip stocks. These are companies that have been around and are solid household names. Like Johnson and Johnson, Procter and Gamble, WalMart, Coca Cola, Disney and others. These are the type of stocks you buy for the long term and form the foundation of your investments. You can find a list of the top 100 stocks of this type at http://www.investors.com
My favorite way to invest in these types of companies is through direct purchase of the stock from the company and enrollment in a dividend re-investment program (DRIP). You can find a list of companies offereing this type of program at http://www.computershare.com
I recommend looking at the programs offered at computer share and beginning to build a foundation of solid blue chip stocks in this way. With market so low right now it will be easy to be a hero in the future from starting a solid foundation now.
That's all for now.
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