Discover reviews on "best stock to invest in that is not on everybody s radar" based on Reddit discussions and experiences.
Last updated: August 30, 2024 at 05:25 PM
Best Stock to Invest In That Is Not on Everybody's Radar
Index Funds
- Index Funds are recommended for long-term, steady growth:
- "Be boring. Buy Index Funds. Never sell. Leave it alone. Get rich slowly."
- "For most people this is however the best advice."
- Pros:
- Offers diversified exposure to the market.
- Low fees compared to actively managed funds.
- Historically outperforms most individual stock portfolios.
- Cons:
- Limited potential for high returns compared to individual stocks.
Atkor Inc (NYSE:ATKR)
- Summary:
- A manufacturer of electrical conduit with consistent dividend payments and significant stock growth.
- "They have the best hiring, onboarding, training, and development programs."
- Pros:
- Strong stock performance over the past years.
- Consistent dividend payments.
- Cons:
- Lack of significant presence or market awareness.
Home Ownership
- Summary:
- Buying a home is seen as a valuable investment for personal gains.
- Current mortgage may be more cost-effective than renting.
- Pros:
- Provides stability and potential long-term financial benefits.
- Locking in low mortgage payments can lead to savings in the future.
- Cons:
- Homeownership comes with additional costs like maintenance and property taxes.
USPS Forever Stamps
- Summary:
- Investing in USPS Forever Stamps for long-term value.
- Dividends from stable companies signal financial control.
- Pros:
- Low risk and stable investment.
- Potential for long-term growth.
- Cons:
- Limited potential for high returns compared to riskier investments.
Solana (Cryptocurrency)
- Summary:
- Invested in Solana a few years ago for significant returns.
- Pros:
- High returns possible with cryptocurrency investments.
- Strong performance over the years.
- Cons:
- Volatility and risk associated with cryptocurrency investments.
Bitcoin and Ethereum
- Summary:
- Investing in Bitcoin and Ethereum for long-term returns.
- Pros:
- Considered the best investments by some users.
- Significant returns over the years.
- Cons:
- Volatile nature of cryptocurrency investments.
Lockheed (LMT)
- Summary:
- Lockheed stock is influenced by government contracts and political events.
- Pros:
- Stock performance reacts positively to government announcements.
- Dividends paid out quarterly.
- Cons:
- Vulnerability to government policy changes and political events.
Bank Stocks
- Summary:
- Bank Stocks offer long-term stability and growth potential.
- Pros:
- Likely to exist for the long term compared to other industries.
- Potential for consistent dividends.
- Cons:
- Vulnerable to economic downturns and regulatory changes.
Return on Investment in Yourself
- Summary:
- Invest in education, skills, and personal growth for long-term success.
- Pros:
- Continuous improvement and specialization can lead to career advancement.
- Investing in self-development offers long-term benefits.
- Cons:
- Requires time, effort, and dedication to see significant returns.
Physical Goods and Investments
- Summary:
- Investing in non-perishable physical goods for future use and cost savings.
- Pros:
- Bulk buying can lead to cost savings over time.
- Locking in today's prices for future use.
- Cons:
- Requires storage space and upfront investment.
I Bonds
- Summary:
- Investing in I Bonds for competitive yields and tax benefits.
- Pros:
- Competitive yields compared to other savings options.
- Tax-deferral benefits on interest earnings.
- Cons:
- Limited liquidity compared to other investment options.
LEAPs on SPY and QQQ
- Summary:
- Investing in LEAPs offers exposure to market indices with options trading.
- Pros:
- Offers opportunities for leveraging market movements.
- Potential for significant gains with correct timing.
- Cons:
- Options trading involves high risk and requires understanding of market trends.
Fixer Upper Real Estate
- Summary:
- Buying and renovating fixer-upper houses for profit and rental income.
- Pros:
- Generating sweat equity and rental income.
- Potential for real estate appreciation.
- Cons:
- Requires time, skills, and capital for renovations and property management.