It’s Saturday night and I am in one of those “I must write a blog, but don’t want a difficult one to write” moods - so I will just try and scribble about the methods I use to find Stocks initially, before they go through further Research. I am very much a person who thinks ahead and always want to be on the ball - it stops me feeling stressed and helps me keep nice and calm. Being stressed is bad state for successful Investing.
This planning ahead means I always want a good ‘Pipeline’ of Blogs in a pretty good state of Draft, stretching out several weeks. That way, if Life gets in the way, I can still keep a good flow of Blogs for the Website.
Whenever I trip over a New Stock that might have potential, I very quickly do a sort of ‘Triage’ on it where I can rule it In or Out for further analysis in probably under 2 minutes. This process will be the subject of another Blog which I have written in Draft and will be out soon.
Sources of New Stock Ideas
In a simple, easy to follow, word…….EVERYTHING.
If that is too simple, we can do 2 words for people who like complexity - EVERYTHING, EVERYWHERE.
It’s like I am Fully Immersed in a World that just throws up Ideas everywhere all the time - you just have to keep your Brain open to whatever might hit you.
I am constantly alert and on the hunt for New Stocks - whatever I am exposed to during the day, could present an opportunity. To be precise, the following are probably my most used sources:
Anyway, that’s enough routes to good stocks. A good draft of my ‘Triage’ process has been produced so that should emerge in coming weeks - the next Blogs to appear will be about Leverage and Spreadbetting safely.
Til then, adios, wd.
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