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Investing Tip: Ideas Are Everywhere

You don't need to look further than your monthly bills to find investment ideas.

By Travis Hoium and Jon Quast – Jun 10, 2023 at 7:15AM EST

Where do you find investment ideas? In this video, Travis Hoium and Jon Quast discuss some of the simple ways they've found (and missed) great investments simply by observing what's happening around them. 

*Stock prices used were end-of-day prices of May 31, 2023. The video was published on June 6, 2023.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
X@travishoium

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Jon Quast has positions in Amazon.com, Crocs, and Lululemon Athletica. Travis Hoium has positions in Berkshire Hathaway. The Motley Fool has positions in and recommends Amazon.com, Berkshire Hathaway, Lululemon Athletica, Nike, and Nvidia. The Motley Fool recommends Crocs and recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. 

Stocks Mentioned

Celsius Network Stock Quote
Celsius Network
CRYPTO: CEL
$0.02
(+0.03%)+$0.00
Berkshire Hathaway Stock Quote
Berkshire Hathaway
NYSE: BRKA
$705,940.00
(+0.85%)+$5,975.46
Berkshire Hathaway Stock Quote
Berkshire Hathaway
NYSE: BRKB
$469.83
(+0.93%)+$4.31
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$275.00
(+0.53%)+$1.45
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$208.15
(+5.93%)+$11.65
Lululemon Athletica Inc. Stock Quote
Lululemon Athletica Inc.
NASDAQ: LULU
$132.13
(+1.48%)+$1.92
Nike Stock Quote
Nike
NYSE: NKE
$43.88
(+1.89%)+$0.82
Crocs Stock Quote
Crocs
NASDAQ: CROX
$105.75
(+2.73%)+$2.81

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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