Do you wish to buy shares in a company but simply can’t afford it?
With many of today’s most recognized companies selling a single share for sometimes hundreds of dollars, taking the train for stock market investments can be difficult if you are unable to purchase the boarding pass.
Lucky for you, ticket prices are being discounted, making the profits higher than before!
At the start of 2017, General Electric (GE) was selling shares for approximately $30. Fast forward a year, and these stock prices have dropped to about $13 a share.
That’s more than 50% off the original price!
Wouldn’t you prefer to buy an affordable train ticket at half the price rather than whole?
Here’s the catch…
There is a difference between weak stocks and cheap stocks.
Although the bear-like characteristics of the market have pushed these prices to all-time lows, they are not skewed to automatically rise and a following uptrend is necessary to receive profits.
In other words, you don’t want to board the train unless it is on the right track and you have a clear sight of its destination.
Yes, many stocks of today’s market have dropped significantly, but no, you should not rush to invest in them all.
The trajectory of these prices are unpredictable and, as usual, the exact time-frame to invest is not entirely apparent.
It is possible for General Electric shares to drop down to single digits and then climb into the thirties, like it did before, which would bump up your initial investment by 150%; however, it’s too early to make that assumption.
On the other hand, FuelCell Energy (FCEL) can be bought a little under $2 per share and seems to be a little more promising in terms of profitability.
Despite the stock value consistently plummeting from $19 since the start of 2015, FuelCell Energy is just recently showing the first signs of an uptrend, which may prove to be a very rewarding investment.
If FuelCell Energy’s value was to bounce back up to the price it sat at a few years ago, shares would increase by more than 1,000%!
By identifying these “discounted stocks”, I’m merely highlighting the potential that they seem to present and am encouraging you to keep them on your radar.
You should never purchase shares unless you are able to foresee an uptrend in the market.
You’ll find it much more rewarding if you plan accordingly and buy in to the market at a discounted rate rather than blindly rushing in, only to watch your investment progressively lose its value.
Just remember that patience is necessary when waiting for the right train to arrive.
It’s pointless to save money on the boarding pass if the train you take fails to arrive at the correct destination.
