Sometimes we search far and wide then - POW - lo and behold the answer is right at your fingertips.
Looking for a good pizza - you drive 20 miles for some trendy pizzeria with gourmet pizza and you discover that the place right down the street is twice as good. Investing can be like that - you search worlldwide looking for tech up ‘n comers and alternative energy plays while right there in your own lives lurk great investing ideas.
As I ambitiously lounged on the couch watching the NCAA hoops selection show, I had this thought pounding in my heads “don’t ignore the obvious”!! My half finished Diet Pepsi can was in front of me and I thought buy some Pepsi stock (PEP). Today Pepsi authorized a $15 billion buyback. I kicked my sweat soaked running shoes from Nike and thought hmm - (NKE). Today Nike made a new 52 week high above $70 a share. My laptop with an Intel processor (INTC) brought me instant tournament analysis. My band aid from Johnson and Johnson (JNJ) covered a minor scrape. And finally with St Patricks Day looming and surely Guinness from Diageo to be (DEO) drunk - I had my mini-portfolio.
Look around - sometimes great investment ideas are born in mundane spots because you can be sure that many investors and stock buyers worldwide were using the same products that I was last night creating solid demand.
Consult your own investment advisor for how these MIGHT fit into what you are trying to accomplish or call Fagan Associates at 1-800-273-6026 and schedule an appointment.