Sometimes, you’ve got to shop around. BetterInvesting volunteer Dorothy (Mimi) Rauschelbach appeared on a recent edition of the Retail Investor Roundtable on CNBC’s “Closing Bell.”
Even with stock prices high now, Mimi says bargains are still to be found, including in solid companies such as Apple (ticker: AAPL), O’Reilly Automotive (ORLY) and Schlumberger (SLB).
“There are some things on sale that would be a great buying opportunity for young people,” she said. “With oil prices down, there are great stocks that would be on sale. If there is something you are looking at and it cost too much before, check it now. This might be the time.”
Mimi says she’s always wanted to buy some shares in Schlumberger, but before the stock had been too expensive: “I’ve always wanted to own it and it’s been too pricey. Right now it’s on sale.”
BetterInvesting is a national nonprofit organization that has been empowering individual investors since 1951. Founded in Detroit, the association (formerly known as National Association of Investors Corporation) was borne out of the conviction that anyone can become a successful long-term investor by following commonsense investing practices. BetterInvesting has helped more than 5 million people become better, more informed investors by providing webinars, in-person events, easy-to-use online tools for analyzing stocks and mutual funds, a monthly magazine and a community of volunteers and like-minded investors. For more information about BetterInvesting, visit its website at www.betterinvesting.org or call toll free (877) 275-6242.