I don't do individual stocks. I tried it once and was obsessed with checking the value every 5 minutes. I ended up making enough on the TSLA stock to cover my expenses in the purchase and sale .. but the stress was not worth any amount of money. I owned it for 6 months or so .. when it was worth $25 - $30 per share.
My sister-in-law tells me that the value of a stock has more to do with management style than actual value. She owns stock for the dividends and appears to have done well. I do get a text once every couple of months from here when she thinks a stock is under-valued and does buy more. But she does not appear to sell any of them.
If I were to buy - based on her advice - I would buy Ford.
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In THEORY there is no difference between Theory and Practice
In PRACTICE there IS!
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