Part 3: Introduction to Types of Stocks
The “life economic” system has many different types of stocks. It is not a complex system, nor does it have the same risks that the traditional financial stock exchange has. BUT, as with most things, there are risks. But remember, you are a billionaire and there is a lot of growth and opportunity at stake. The key here is the follow up. The follow up is just as important as the initial investment in a relationship. A great way to start this follow up is to ask yourself the following:
- What is this investment doing for me?
- What do I get in return?
- Is the investment mutual?
- As with changing variables, does compromise exist in this relationship and does it equate to taking the investment forward or backward?
- Does this investment have potential to become long term with GREAT dividends?
- Have I invested too much in the first quarter, making the quarters to follow seem stagnant, boring, and poor performing?
Whatever one decides, this has to be a personal and confident choice and decision. Have an “always on” mindset with A LOT of forward-looking thoughts and ideas present. Be prepared. Yes, one will never know or be certain about everything that contains risk, but wouldn’t it be nice to know you had a game plan and/or strategy present to handle all types of “stocks”. If you are deciding whether to “hold or sell,” it’s important to consider the cost of time and other opportunities. I will elaborate in the next part, the different types of “stocks” I have come across.