Many investors, especially when they’re starting out, look for the best stocks, the fastest growers, the highest quality, or the quickest buck. It almost makes sense, at first but doing it that way and making money is harder than it appears.
A simpler, yet important approach, is to focus first on things to avoid.
Avoid the worst. Avoid expensive. Avoid things you don’t understand.
In a dive into Peter Lynch’s writing, I came across an article he wrote where he lays out 14 investing rules. Lynch is most commonly known for his “know what you own” stance. His rules also include some things worth avoiding. Continue Reading…