Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Tom asks re: investing Just say whatever about what you wish you knew about at age 30.

1.Buy Great Companies by finding them through my own research. Even if you hear a hot "tip" ALWAYS research, research, research. Don't ever trust an analyst (suit), or broker they are selling you on a "stock" they already own and want you to buy it to drive up the price. Only buy Great companies which have great fundatmentals!

2.The "Long Term" Long Term Buy & Hold (LTB&H)is 2-4 YEARS long. Not two or four days or weeks or months or quarters.

3. Great companies may roller coast in stock price. Don't worry about the short term stock price.

4. Sell a Great company only if a) the fundamentals change b)You have a better place to put your money or c)If you want or need to spend some bucks for pleasure or necessities

5. Investigate residental rental real estate.

6. Patience

Retiring .. semi-retired at 45 (worked one day a week for myself) and raised 3 kids as a single parent. Fully retired now.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.