Whether you’re training for a marathon or going on an adventure trip, being ready can make a world of difference.
The same is true for the stock market. It’s important to be prepared with a watchlist of fundamentally sound stocks ready to go at right prices.
Whether the market is in rally mode or in a correction, being prepared with a watchlist is key.
Here is a video I’ve prepared to help you learn a simple yet powerful tool of creating your own stock watchlist, which is dynamic and tells you in a snap the status of stocks you are watching.
If you can’t see the video above, click here to see.
Let me know your thoughts on the video, and also share any other way(s) you maintain your own stock watchlist.
Resources:
1. Sample Stock Watchlist
2. Google Spreadsheets Help Center
P.S. This post was originally published in Dec. 2013, and has been republished following a lot of reader questions on this topic.