While taking a shower* the other day, I came up with a pretty cool idea for a new series:
“Is it worth the investment?”
*I’ve had many great ideas in the bathroom over the years.
In a series of blog posts (and perhaps soon-to-be video series), I’ll talk about products and services I’ve personally used and whether or not I consider them to be “worth the investment.”
When I use the word “Investment,” I will mean TWO things:
Is it “worth it” as a product or service, AND is it “worth it” as a stock investment that I would personally put my money behind?
There will be instances where perhaps I love the product but would never buy the stock in a million years.
There will also be times when the product or service is not that great, but I might consider buying the stock for some powerful reasons.
And finally, there will be those “sweet spots” where I love the product and would also strongly consider buying the stock.
For any of the above scenarios, I’ll categorize how I feel about the investment by using this breakdown:
Green- I would consider it a “high-quality” investment and would feel comfortable holding on to it for at least 3-5+ years.
Yellow- I’m “on the fence” about that particular stock for one reason or another.
Red- A stock or investment I would avoid and which I consider too risky.
Gray – Not too familiar with the investment to give an educated opinion. I would need to look further into it.
And that’s all for now :). Stay tuned for the first product/service I use to kick off this exciting new series. I’m super excited to share.
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Cheers to health & profits,
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