One Up on Wall Street

Picking individual stocks is a tricky feat.

It’s not recommended for more than 99% of those who invest their own money in the stock market.

I read a lot of advice from credible people in the personal finance world regarding investing in low-fee index funds such as S&P 500.

But I was really curious about why I should do that instead of picking individual stocks. That’s why I picked some resources on the subject like this classic book by legendary Peter Lynch who was a portfolio manager back in the 1970-80s with an average ~30% annual return!

This book gives advice on stock market investing and how to make inferences when it comes to researching, analyzing, picking, buying, and selling stocks. How to pay more attention to changes in our workplace, neighborhood, and city to find the next potential winner in the stock market.

I’ve learned a general process that I can follow to go after individual stocks. We need to catch up quite often with our individual investments and check if the reason we picked them in the first place is still valid and the fundamentals are still right.

Good advice. Learned the basics. Examples are mostly outdated. But most of the advice is still relevant (or I think so)