This is an episode where we dissect the anatomy of a long-term investment using Stamps.com's case study. Most long-term investments share a few characteristics. Some are logical, and some are counter-intuitive. But, knowing what's common among the companies worthy of a point in your long-term portfolio will help you avoid panic-selling when the stock market and the companies in your portfolio experience a price-fall. Talking about a stock price-fall, Stamps.com is such a company.
In this episode, we again have the pleasure of hosting Jeffrey Leichenger whom you may remember from the earlier episodes. We also appreciate Scott M. Wright, who is a long-time Stamps.com's customer and we found him on the company's Facebook page. He agreed to share his experience with Stamps.com's products and services. We also used the public video interview with Stamps.com's employee, Carlos, on the company's YouTube channel. Here is a detail list of the sources we used to produce this episode:
On this episode of Renegade Investors, we talk about the top nonsense ways we pick investments that prove we are all idiots! Of Course, we are having a little bit of fun with this topic. But, in all seriousness, it is a good practice to ask yourself whether you have made a few of these mistakes and that will help you to get know yourself better as an investor and correct course in the future investment decision. No one is immune to at least a few of these mistakes. No shame in accepting you may have made some of these mistakes. The good news is that knowing the first steps to correct your course! Listen, laugh and maybe pick up a few tips or tricks of long-term investing!
We have had 100s if not 1000s of conversations with Stock Card users. We always have honest conversations about what they think about the stock market. They share what they are excited about and what intimidates them. While every conversation has its own focus, there are a few well-accepted misunderstandings about the stock market that are the underlying themes of almost all such conversations. These misunderstandings are so wide-spread that many people use them as the reasons to avoid investing in the stock market.
On this episode of Renegade Investors podcast, we are looking at the top seven misunderstandings about the stock market. All successful investors have found a way to overcome such misunderstandings. Have you?
We are Hoda and Arash, the co-founders of Stock Card, and the co-hosts of the Renegade Investors podcast.