The prices of some company stocks have come down this year. This is due to several reasons, including a rise in inflation, global conflict, looming recession, and many others. Whatever the reason, your concern as a long-term investor should be the type of stocks to buy. To enjoy a comfortable life, you need to save and invest. Investing is essential for everyone looking forward to having a good life in the future. A life where you can travel around, pay your bills and help others achieve their dreams.
Let’s look at what happened during the pandemic. The coronavirus pandemic taught a lot of financial lessons. Everyone was surprised and thrown into a state of confusion. This is because a stable economy turned into something that words cannot fully describe. Only a few people were ready for what happened. Many people were not prepared, mainly because they had no financial backup. People experience a tough time, and many don’t want to speak of it because it’s a scar they wish to forget.
Here is the month of June. We are in the middle of the year; if you are yet to take action on your financial goals, when will you? How long do you think you can endure months of hardship? When you go out there, consumers are all complaining. There is high inflation on whatever items or products you want to buy (including food, clothes, gasoline and other forms of utilities needed for survival). Instead of complaining and hoping that things become better, why not take action and protect yourself and your family through investing.
In addition, the conflict between Ukraine and Russia also contributed to what is going on globally. The conflict has a secondary input on increasing the prices of goods, vehicle insurance, raw materials and other commodities. However, this is not the time for blame games because you are responsible for how well you get to live your life. Inflation has spread widely to all sectors of the economy; workers now demand a raise in monthly income because they need to survive and keep up with it. All of this has made it difficult for people to meet up with the financial goals they set at the beginning of the year.
The economy keeps changing the way it wants, and no one is sure if the inflation is temporal or permanent. Many people are yet to recover fully from the aftermath of the coronavirus pandemic, and a lot is still happening in the world. This contributed to why many investors are confused about the best stocks to invest in. It is a good idea to keep working towards growing your wealth to enjoy a secure future. It is one of the wisest decisions you can make, which is what today’s post is all about. I will be letting you know some of the stock that I will be buying this month.
Before we begin, I would like you to understand that there are many ways to invest. It all depends on your preference, but you need to take note of a lesson whichever way you desire. As a long term-investor, never forget to diversify your portfolio for risk management. No investment is entirely risk-free. It would be best to play it safe by spreading your asset across several investment choices.
Here are some companies I will be buying their stocks from this month.
Before investing in any company, I love always considering the type of service and product they offer. Most people who use the computer use their service because they make it easy to use the computer for daily activities. Microsoft is one of those companies that I love. They have excellent products and marketing techniques. There are several reasons why I want to invest in the company stock. One of such reasons is that it is widely known to be the best in gaming, cloud computing and all other segments that have to do with the computer system. The company is creative and innovative. They are working towards creating a better and more comfortable future where individuals can continue to use technology to work, play games and communicate.
Amazon.com is an example of a company with excellent branding. The company is vast, and they offer many services. They have many streams of income generation. They are not dependent on only one service or product for survival. One of the strategies for making a good investment is investing in a company with a solid economic “MOAT”. A solid economic “MOAT” means that the company has a competitive advantage over other companies offering the same services or products. Amazon deals with the sales of books, housewares, electronics, music and many other products. They offer this product to consumers directly, and they also play the role of go-betweens in ensuring that the product gets to the consumer from the producer. Globally, they have millions of customers and retailers who use their services. The company stock is a good buy because they have one of the best online presences. Amazon web Services(AWS) is not left out of its excellent offers.
We all use Google, and we are familiar with the kind of service they provide. Google is a global tech company that offers web services. They are known for their search engine service and do well in cloud computing. The company also helps to ensure that people who want to advertise their products and services can do so. This is one of the safest investments that anyone can make. At the beginning of this year, NASDAQ; GOOGLE, has been bringing in a high return. Undoubtedly, Google is a business that will continue to thrive and do well.
AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying cases and hands-free devices through its own company-owned stores, agents, and third-party retail stores. One of the divisions of AT & T is HBO MAX.
This is a video subscription company, and we all know how people love games. It is an on-demand streaming company. The company is still building, and this is the decision of AT & T to expand its video streaming business. Video streaming services are profitable businesses and it is highly lucrative. They are doing well in the tech space, not minding that their service is new. They are maintaining a high standard worthy of emulation.
If you are yet to begin your investment journey, there is no need to panic, and you can start today. It is never too late to take action. You can decide to start putting your money to work today, and you will still enjoy it in years. With your investment, you can outsmart high inflation and other irregularities in the economy. However, don’t forget to spread out your investment and enjoy a diversified portfolio to manage any forms of risk.
If you enjoy this content, don’t forget to like and share. In the section below, please let me know which stocks you will be buying and the reasons. If the stock you are buying is not on the list, please mention them in the section below. Check out also our previous post on “Top Stocks to Consider in June 2022 [Short-term vs Long-term]“.
Recommended books for further reading:
- The Barefoot Investor: The Only Money Guide You’ll Ever Need
- How to Make Money in Stocks: A Winning System In Good Times And Bad
- How to Day Trade for a Living: A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
- Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week
- Investing QuickStart Guide: The Simplified Beginner’s Guide to Successfully Navigating the Stock Market, Growing Your Wealth & Creating a Secure Financial Future
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