The final bit of vital information is the Price Earnings (PE) Ratio and it is here that I gauge whether the stock price is too high for Slack Investor. I continue with MarketScreener to extract the Return on Equity (ROE), both past and forecast. Income statement for Alphabet (GOOGL on the US NASDAQ exchange) – from MarketScreener Alphabet is a cash king – has more cash than debt – solid tick. An increasing trend is good and, if the estimated earnings (2021 – 2023) are also increasing, I’m acutely interested. Firstly, I look at the chart Income/Sales and Earnings per Share. Search for your stock and then finding the Financials Tab for that company. Registration is free on this site and they allow you to look at analyst data for up to 5 stocks a day. The first step is to go to the phenomenal. Half of my buying cash went into an existing holding – Alphabet (GOOGL), This money making juggernaut is part of the new economy and I could buy this company all day. Slack Investor Buys Alphabet (GOOGL.NASDAQ) As well as the companies below, Slack Investor has also recently added to some small positions in PPK.ASX and TNE.ASX. This technical analysis consists of a quick scan to see if the chart is in a continual growth trend … or has just had a “breakout”, or broken out of a downtrend. This involves a rigorous screening of the fundamental financial metrics PLUS a look at how the stock chart is going on Incredible Charts.

But I will always, always, check things out for myself before parting with any Slack Dollars. I get heaps of buying ideas from investment sites such as Motley Fool, Livewire, ShareCafe. My rate of converting bought shares into winners of 55% is not that impressive – but my overall performance results are good. This is not advice … just an insight to the Slack Investor bumbling buying process. However, Slack Investor would much rather be in the game than out of it and I have been looking for a few companies that would hopefully not suffer too greatly if a correction occurred in the stock market. I have never been good at predicting when the stock market will have a correction … and the current high valuations (PE Ratios well above the long term average) do make me nervous. Like any new relationship, when you buy a stock, you are not really sure about how its going to work out – but its exciting! The moneychanger and his wife, by Marinus van Reymerswaele, 1538, Public Domain, via Wikimedia CommonsĪs much as Slack Investor hates retail shopping – he loves to have the opportunity to buy into companies.

Slack stock chart