Welp, no. You should not buy because you think Mustangs are cool.
Like with every stock purchase you make, do your research and blah blah blah. And do it like a robot. Basically don’t let your heart get involved with your stock purchases.
Controlling your emotions is a big deal in investing:
But I did. I bought with emotion. I totally went with my heart when I bought some Ford stock last year after opening up my Public account.
Buying Ford stock hasn’t done much for me except give me a few cents of dividend cash. But I still have it because it makes me happy.
Before You Go
In went through my head as I wrote this post “Wait. Investing. Cars. Investing in cars. There MUST be a book!” Yep, there is a book:
Collecting Cars for Fun and Profit.
If you want to read up on how to control your emotions, try “Master Your Reality” and “The Emotional Investor” and you might not buy stock in your first car, like me.
