5 Things to Consider Before Buying Today’s Hot Investment

The New York Times provides 5 great tips for investors that are considering buying today’s hottest stocks.

Here’s and excerpt from that article:

We are again nearing what appear to be all-time highs in the stock market, and when that happens, people tend to say and do strange things. This time around, Amazon, Apple, Google (in the form of its parent company, Alphabet), Microsoft and Netflix are worth $2.4 trillion all on their own, accounting for 13 percent of the entire American economy.

And so everyone wants in on them, from mutual fund managers who have to keep up with the overall stock market’s performance in order to keep their jobs to individuals who suddenly realize just how essential many of these companies have become to their lives.

You, however, don’t have to follow the herd. You don’t have to lose your head. You need not chase the lemmings buying Bitcoin again.

Instead, consider these five things.

1. Most Winners Are Lucky
2. Why, What, How
3. The Risk
4. The Last Time
5. Participation Is Not Mandatory

You can read the full article here.