He pulled up a blank spreadsheet and titled it My 2017 Portfolio. He wasn't looking to get rich overnight. He wanted stability, recognizable brands, and companies that shaped daily life.
For his third pick, Leo wanted something with aggressive growth potential. He chose Amazon. In 2017, Amazon was already a giant, but it was still aggressively expanding its Prime membership and its highly profitable cloud computing arm, AWS. Some of Leo’s friends told him he was too late to buy Amazon, that the stock had already run up too much. But Leo believed e-commerce was still in its infancy. best stocks to buy for beginners 2017
The digital clock on Leo’s desk ticked past midnight, illuminating a stack of personal finance books he had been devouring for weeks. It was January 2017, and Leo was ready to take the plunge into the stock market. At twenty-four, with a modest savings account and a lot of ambition, he was determined to find the absolute best stocks for a beginner. He pulled up a blank spreadsheet and titled
His first pick was Apple. To Leo, it felt like the ultimate beginner stock. Everyone he knew owned an iPhone, and the company’s ecosystem was incredibly sticky. In early 2017, Apple was trading at what would later look like an absolute steal, split-adjusted. Leo loved the idea of owning a piece of the company that made the device glued to his hand. For his third pick, Leo wanted something with