When it comes to buying a car,most of us will take severalprospective models out for atest-drive, kick the tires a few times, andhaggle with the salespeople as we gofrom dealership to dealership comparisonshopping. We do the same withvacations, scouring the Internet insearch of the best deals on airfares andhotel accommodations.
So why don't we make the same sortof effort when it comes to investing instocks? There is no magic answer as towhy we behave so irrationally. But if wewould simply apply a small amount oftime and energy to researching a stockbefore making a purchase, an article in suggests, we might be aspleased with our stock selections as weare with our vacations.
According to the article, thereare several key questions to ask beforemaking a stock-purchasing decision,including the following:
Take some time, do the research, andanswer the questions listed above. You willhave that much more peace of mind whenyou're lying on the beach at your vacationdestination of choice.