2️5 Rules Every Investor Should Know
Peter Lynch is a legend.
He managed the Magellan Fund at Fidelity from 1977 to 1990. During that time, he achieved an amazing 30% yearly return. 🚀
Lynch also shared his secrets. One Up On Wall Street is probably his most famous book.
But "Beating the Street" is much more practical.
In the book, he lists 25 simple rules for smarter investing.
Here are a few:
➡️ Invest in what you know. Stick to industries you understand.
➡️Be patient. Good companies need time to grow.
➡️Amateur investors can find great growth stocks long before professionals.
➡️Know the business. Every stock is tied to a real company.
➡️Watch for debt. Companies with bad finances often fail.
These tips are clear and easy to follow. They’ll help you avoid mistakes and build wealth.