In the previous two posts, I've talked about the first steps. I've also mentioned about the dividends and various returns and risk of various forms of investments!
Today I would be focusing more on the last few things to take note!
Let's say you want to purchase your first share in a company? But which company?
What characteristics of each company should you focus on when deciding to make your purchase?
I won't go into too MUCH details here, but commenting more on what I feel are the essentials. It's mostly what I've studied in micro/macroeconomics.
1. This company has a strong brand name, preferably a market leader in the industry.
2. If the company can't be a market leader, then it should have a high barrier to entry.
Eg: (Telecommunications Sector, Singtel Starhub, M1) New competitors have to be approved by MDA.
3. Selling Products that are difficult ......