A general guide to investing:

As a general guide to investing:

Every 5 years, one can expect 4 good years and 1 bad year.

For every 5 stocks selected and bought, 1 will perform poorly, 3 will be average and 1 will outperform.

The aim of diversification is ensuring wins are more than enough to cover the losses.

Remember to sell the losers and let the winners ride.

Aim for a return of portfolio investment of 15% or more per annum.