How do I make sure I don't overpay for something?
The answer: If the pitcher doesn't throw one right down the middle, you don't have to swing the bat. Unlike in baseball, there is no penalty for being patient in investing.
You should spend a fair amount of time placing a value on a stock before you even think about buying it, and only buy stocks that you are confident are undervalued.
Learning how to value a stock takes work, but it can be done.
The answer: If the pitcher doesn't throw one right down the middle, you don't have to swing the bat. Unlike in baseball, there is no penalty for being patient in investing.
You should spend a fair amount of time placing a value on a stock before you even think about buying it, and only buy stocks that you are confident are undervalued.
Learning how to value a stock takes work, but it can be done.
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