New to Investing? These 3 Picks Are Worth Buying
Every investor had to get started somewhere. The process can be intimidating, and as the market's performance so far in 2022 reminds us, it's quite possible for stocks to go down as well as up. That makes it even tougher for those who haven't yet taken the leap of faith it takes to put hard-earned cash at risk in the market in the hopes of stronger future returns. Still, even with the market's recent trends, it's hard to argue against the long-term wealth-building potential that stocks have.
With those perspectives in mind, we asked three experienced investors to make a selection appropriate for new investors to consider. They picked Starbucks (NASDAQ: SBUX), McDonald's (NYSE: MCD), and the Vanguard Total Stock Market Index ETF (NYSEMKT: VTI). Read on to find out why and decide for yourself if any of them might be worth using to take those all-important first steps on the lifetime journey of investing.
Eric Volkman (Starbucks): For me, a good beginner stock should be a company familiar to investors, ideally to the general public too. Its business should be more or less easy to understand. Plus, as with any worthwhile investment, the company behind it should be profitable and have solid potential for growth. Finally, it doesn't hurt if that company reliably pumps out a dividend.
Source Fool.com
