Investor Help (NO Ihub questions)

[Until2020, formerly Until2017]

GOOD FOR YOU ! ! !

This is a very hard game. I make some money now. I lost a lot along the way.

The best way to learn is fail. ( I will prove that later ).

SO PLAN TO FAIL. Plan to learn from your mistakes, OK ? Just don't make huge mistakes! FORGET ABOUT ALL-IN FOR NOW. Please.

READ THIS FIRST :

http://www.investopedia.com/university/greatest/peterlynch.asp
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PARTIAL QUOTE :
•Know what you own.
•It's futile to predict the economy and interest rates.
•You have plenty of time to identify and recognize exceptional companies.
•Avoid long shots.
•Good management is very important - buy good businesses.
•Be flexible and humble, and learn from mistakes.
•Before you make a purchase, you should be able to explain why you're buying.
•There's always something to worry about.

How to pick companies ? Peter said it best, "Invest in what you know."

If you know bicycles, then start there. If you know farming, then start there. If you know retail stores, then start there.

MORE LATER, I AM HAVING A HUGELY BUSY DAY. Next post on researching . . .

WELCOME, friend !

Until2017