When considering how to invest in stocks in today's markets, "buy and hold" doesn't work anymore. The investor of today needs to be nimble, open-minded, aware of their risk tolerances, and goals; aggressive and defensive as the situation demands.
profit from tech
- How to Invest in Stocks: From Small-Cap Stocks to Investing in Tech
- Google Stock Gets Another "Buy" Sign with this New Deal
- Tech's "Virtuous Cycle" Trend Will Give Us Profits for Years
- The Consumer Electronics Show Will Ignite These Three Profit Plays
Google stock is one of our favorite tech plays. It got even better with the Feb. 23 announcement that Google will purchase the mobile payment company Softcard (formerly known as Isis).
Essentially, the search engine company is buying Softcard's technology to use as Google Wallet.
The purchase also guarantees pre-installment of Google Wallet on all Verizon Communication Inc. (NYSE: VZ), T-Mobile US Inc. (NYSE: PCS), and AT&T Inc. (NYSE: T) Android phones in the United States starting later this year.
My wife Robin is a financial advisor and a CPA.
She also possesses one of the sharpest minds I've ever seen.
That's probably why she has such an affinity for jigsaw puzzles. Back in upstate New York, when we were both attending business school together at night, there was nothing she liked more to "decompress" during the lull between the semesters than to do a jigsaw puzzle.
And the greater the number of pieces - and the more complex the puzzle - the more she liked it.
Truth be told, I view the investing process in much the same way that my wife looks at jigsaw puzzles.
There's something really gratifying about taking hundreds of disparate "pieces" - in this case, the reams of financial, economic, and political data that's available at any given time - and shrewdly assembling them into a "picture" that makes sense or conveys beauty.
With 2 million square feet of exhibit space, 161,000 attendees and 20,000 product announcements, the Consumer Electronics Show (CES) is the one of the hottest trade shows on Earth.
But the impact goes well beyond the numbers.
CES is also the single best place to gauge the state of Silicon Valley innovation.
And the 2015 edition of CES, scheduled for Jan. 6 to Jan. 9 in Las Vegas, will highlight some of the key tech trends we've been telling you a lot about over the past several years.
And the watchword will be "connectivity," says Accenture Managing Director John Curran, who runs the consulting firm's Communications, Media and Technology Group.
"The range of high-tech devices is exploding, and so is the amount of connectivity and networking between them," Curran wrote in a recent issue of Forbes magazine. "All this will be evident at CES like never before. We expect to see the 'always connected' consumer become more pervasive than ever as connected devices and services become the norm in new, emerging and traditional product categories."
According to Curran and other experts, the key tech topics at CES 2015 will include:
- The "Internet of Everything," or IoE.
- The "connected car."
- And so-called "4K" TVs.
We've been talking with you about all three of these.
And the fact that they're going to be major points of focus at CES means they've emerged as major profit opportunities - and are worth revisiting again.