For many, investing in a corporation is more like a trip to Las Vegas than a commitment to their financial future. However, when you think about long-term investing consider the parallels between purchasing a home and selecting high-quality investments. For the vast majority of Americans, their most profitable asset will continue to be their home. We believe the reason for this success is twofold:
In reality, both a stock certificate and a deed are nothing more than legal papers that represent ownership. Just like you own your home, an investor owns part of a corporation selected for investment. So don’t “buy stocks” based on a single phone call from a stockbroker or a tip from an acquaintance. Instead, meet with your financial advisor and commit to a plan that will help you reach your long-term goals.
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