Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Start Buying From Companies You Invest In. Here's Why.


Investors often fall in love with the companies they own, which can be a mistake: If a situation changes, you need to change your opinion of the stock. But how do you actually know when the situation has changed? One way is to buy the products and services sold by the companies you've invested in.

Here's why it's a good idea, even though some might scorn the practice.

Peter Lynch, who famously managed Fidelity Magellan Fund for years, wrote a book called One Up on Wall Street that suggests, basically, to buy what you know. So if you were to go to a mall and see that a store was constantly crowded with customers, it could be worth a look to see if it was public.

Continue reading


Source Fool.com

Like: 0
Share

Comments