Millions of people are devoted to collecting interest, which may or may not keep them slightly ahead of inflation, when they could be enjoying a 5 - 6 percent boost in their real net worth, above and beyond inflation, for years to come through investing in stocks for the long-term.
Of course, that assumes that you go about your stock-picking or fund-picking in an intelligent manner, and that you don't get scared out of your stocks during corrections.
Don't give up on the rewarding pastime of stock-picking. An amateur who devotes a small amount of study to companies in an industry he or she knows something about can outperform 95 percent of the paid experts who manage the mutual funds, plus have fun in doing it.
Peter Lynch
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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