The Canadian Technology Sector

When choosing a stock to invest in, like making any decision,  there are a variety of paths that you can choose. The key to choosing the best path asking and answering the right questions. When you're choosing to make a relatively short term investment in a stock, you shouldn't throw your due diligence out the window, and forget about asking the questions that validate the company you're selecting as a sustainable one with growth potential.

What sectors do you expect to outperform within the next few weeks?
What does the company's balance sheet look like?
What does the income statement look like?
What do the statement of cash flows look like?
What does the technical chart for the company look like?
How does it compare to other companies in the same industry?
How does it compare to other companies in other industries in the same country?
What stories are in the news for the industry right now?
What events increase sales in this companies market?

My intent was to make this decision tonight, but I couldn't answer all of my own questions with confidence. The only thing worse than making no decision is making a high-risk uniformed one. So, I'll continue to do more Halloween research and hopefully be ready to place a buy order on November 1.

Never Ever Give Up

When I checked into this blog, after not having looked at it for over 9 months (and I didn't even have a baby!),  there it was. The first comment I've ever seen on my blog! It was the ultimate source of inspiration. Thanks Punch Buggy whoever you are!

I didn't stop investing, or my mission to a million. I just stopped blogging about it because I wasn't staying true to my mission. I was selling prematurely, and even worse, I was selling losses. I lost focus. Took my eye off the ball. All the things that you shouldn't do when you're trying to accomplish something.

Lesson learned. Time to start again.

Stay tuned for the fresh start pick of the second shot at a mill:)