4.4 • 3K Ratings
🗓️ 22 April 2023
⏱️ 19 minutes
🧾️ Download transcript
“A company that does boring things is almost as good as a company that has a boring name, and both together is terrific.” --- Peter Lynch
Sierra Baldwin and Motley Fool Senior Analyst Sanmeet Deo discuss:
- Boring, but effective ways to invest
- ETFs that can build a portfolio
- 1 key metric for investors to watch
- The businesses of potato processing, car auctions, and paint manufacturing
Companies and ETFs discussed: SPY, VTI, VT, CPRT, LW, SHW, PTON
Host: Sierra Baldwin
Guest: Sanmeet Deo
Producer: Ricky Mulvey
Engineer: Rick Engdahl
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0:00.0 | People think in the investing and stock market is you always have to be doing something. |
0:07.0 | You always have to be trading, you always have to be buying a new stock or selling a new stock |
0:10.6 | or being very active in your portfolios. |
0:13.0 | And really, a boring do nothing strategy is probably one of the best. |
0:30.0 | I'm Chris Hill and that's Motley Fool's Senior Analysts and Meet Dayo. |
0:34.3 | If you don't find investing very fun, that might actually be a good thing. |
0:39.2 | Sierra Baldwin caught up with Dayo to discuss how to make investing less exciting, |
0:44.5 | some basic ETFs to consider, and some boring companies with market-beating returns. |
0:50.3 | A lot of people associate investing with the excitement of buying and selling stocks |
1:02.6 | based on market trends and buzzy technologies that promise big returns. |
1:07.9 | We saw a lot of that during the pandemic, but I'm wondering should investing be fun and |
1:12.5 | exciting? |
1:13.5 | It's an interesting question because while the natural answer is yes, it should be |
1:18.5 | fun and exciting. |
1:19.9 | The real answer if you want to make true long-term wealth in the stock market is it shouldn't |
1:25.5 | be that fun and exciting. |
1:26.5 | It's actually very boring. |
1:28.6 | You should almost not think about it too much. |
1:31.0 | You should buy good companies for the long term that compound and not think about it too |
1:36.5 | much. |
1:37.5 | So, fun and exciting comes when you go out into the out years, you made tons of money. |
1:43.3 | So, fun and exciting can work out thinking about companies like Netflix, Amazon, and Tesla. |
... |
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