Saturday, April 17, 2004

Investment for a Rainy Day

If I had enough money and enough time, I would definitely inquire about investing in the stock market. It's fun, first of all, and you're supporting US economy. Since many have extra cash, due to the recent tax season, it would behoove you to invest or at least save with some sort of interest.

Pointers? I think to succeed in the stock market (and I don't mean the Martha Stewart way... just the regular Joe way) you need to have patience. Companies like Microsoft or Coke didn't get blown up into multi-billion dollar empires overnight. I like to recommend satellite and internet radio stations and companies. Like XM. With the FCC getting stern and strict with progressive and thinking-outside-the-box DJ's, many will inevitably have to switch stations. For example Howard Stern. If he decides to move his 15 million fanbase to an internet radio station, I will have to assume that that radio station's stock will rise logarythmically, extremely fast at first, and taper off. So earlier you put in the dough, the faster and larger your return. That's just my two cents... of course if I were to invest, all I have would be those two cents...

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