With Investing following the trends could be disastrous for your portfolio. What is right for Investor A may not be right for Investor B. Everyone has different investment timeframes, and tolerances for risk. There are no guarantees with investing, and no way to predict how long your trend investment will be hot for. Deciding to invest in something the vast majority of people are investing in is not bad if done for the right reasons. For example, consider a newsletter that has 30 thousand followers. All 30 thousand individuals will receive the same advice about the investments recommended or reviewed. The question you always have to ask yourself is how an investment fits into your overall portfolio.
Doing Your Research
Doing good research is critical to being a better investor. Today people look at reviews for everything from movies to dentist appointments. Places like Yelp, and Tripadvisor put reviews right at your fingertips. The same due diligence that people put into finding activities and services can be applied to investments. Some things that can be reviewed to make informed decisions include: analyst opinions, financial statements, news, ratings, and returns. One of the best places to begin your search for answers is the Research Page of your broker. Other helpful links are below.