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Default Using "OR" in an IF statement

I am trying to use the command OR in an If statement and I am having no luck.
In Lotus 123 I could string commands by using #OR# to produce a common
result. For example: =IF(J3="INVEST" #OR# IF(K3 = "INVEST",1,"NO")) I can't
seem to make this work in Excel. Can anyone provide me with a correction?
 
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