The Key To Building Your Stock Portfolio

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You start investing the moment you buy your first stock, and you have the rest of your life to construct a successful portfolio

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A wise long-term investor will envision growing trees rather than hurling darts

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That first investment ought to develop over time into a collection of outstanding businesses that reflect your values and your opinion of where the world is headed.

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Every investor has a unique strategy for growing their portfolio, but to get you started, here are two well-liked approaches

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Determine the maximum investment you are willing to make in a single firm based on your particular financial situation

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Consider this a full position and begin saving with the intention of gradually increasing the number of full positions in your portfolio.

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Buy twice as many half positions and convert them to full positions when you can if you want to acquire more businesses in less time.

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For instance, suppose you think Facebook looks good and decide a complete position costs $500

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Once you've saved enough, you can start a full position by buying $500 worth of Facebook. You will have another $500 saved in two months

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