Avoid Hot Stocks In Hot Industries.

Invest In What You Know.

Often, There Is No Correlation Between The Success Of A Company's Operations And The Success Of Its Stock Over A Few Months Or Even A Few Years. In The Long Term, There Is A 100 Percent Correlation Between The Success Of The Company And The Success Of Its Stock. This Disparity Is The Key To Making Money; It Pays To Be Patient, And To Own Successful Companies.

If You Hope To Have More Money Tomorrow Than You Have Today, You've Got To Put A Chunk Of Your Assets Into Stocks. Sooner Or Later, A Portfolio Of Stocks Or Stock Mutual Funds Will Turn Out To Be A Lot More Valuable Than A Portfolio Of Bonds Or Cds Or Money-market Funds.

Imagine If You Borrowed Your Parents' Car Without Permission And Ran It Into A Tree, How Much Better You'd Feel If You Were Incorporated.

If A Picture Is Worth A Thousand Words, In Business, So Is A Number.