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RE: Diary of a Noob Investor : week #1 - I bought a Tesla...

in LeoFinance5 years ago

Tesla is an interesting buy. I have exactly one share after the split which is in my sons (2 years old) portfolio and will remain there. I buy shares for him and leave them there as he needs to decide when he is old enough about them. Same with his crypto portfolio.

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That sounds like a good plan.

Do you have any theme to which stocks you buy for him? Or just whatever you like the look of?

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I have a list that needs to fit:

  • no communist country
  • growth in the past 5 years
  • company shall be present in the next 25 years
  • company shall have some kind of innovation (either tech, supply chain, distribution,etc)
  • market leaders or near the top spot

Some examples: McDonald's, Coca-Cola, Microsoft, Apple, Amazon, Daikin.

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Looks like a solid set of criteria.

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