Welcome to Part 2 of the “Choosing A Stock” mini-series. If you missed Part 1, I encourage you to go back, check it out, and give it a read; it can be found on The Drive. In Part 2, we will be exploring another strategy that prospective investors might use in order to differentiate between stocks and ultimately come to a conclusion as to which ones are the best option for their portfolios. As mentioned in Part 1, there are many different strategies that investors use to make the most informed decisions possible, but there is no one strategy that is fool proof. This week, we will focus on a technique that is fairly simple, yet very popular: fundamental valuation.
For the average investor, there are not many topics that come to mind faster when considering personal finance and accumulating wealth than the topic of stocks. People talk about stocks in this regard all the time. Of course, it is not difficult to understand why talking about them is so popular… the stock market can be quite a thrill! That said, the stock market can also be extremely risky and should be handled with care. For most of us, it is likely that there will be a roller-coaster of ups and downs throughout our experiences in “playing” the stock market; yet, everybody still hopes to experience the ups without the downs.
Compounding is defined as the process of generating more returns on an asset’s reinvested earnings. In plain English? Compounding means that you can earn more money by reinvesting the money you’ve already made from your investments. Sounds simple enough, right? That’s the thing – it is.
Too often when we think of growth in technology, we think of Silicon Valley startups that intend to change corporate culture or the way we access products in our daily lives. But, when was the last time we thought of an app that could completely change the field of medicine? For a lot of us, the answer to that may be: never, or at least not recently. It seems pretty rare, right? But, this week, a Toronto-based startup seems to be showing some out-of-the-box idea potential for an entire new market: apps specifically designed for doctors.
ust as the Echo brings Alexa to life, Apple plans to use their HomePod to bring Siri into each customer’s home. As result, Apple will be providing a brand-new experience during a time where virtual assistants are more intelligent than they have ever been. Although this sounds great and Apple has generally had success with their new technologies, this announcement still raises the question: what does the HomePod offer that is different and more exciting than the similar products that have come before it?
It’s not hard to see why the ride-share industry has become so widely popular in the past few years. For all of us, the abilities to hail a car to our exact location and then pay directly from a mobile phone are just two of the major pulls to using such services. With these two factors at the forefront of their mobile platforms, companies like Uber and Lyft have started to dominate the transportation market globally. As a result, discouraging the use of both public transportation and taxi cabs, and encouraging consumers to depend on their devices.