#273 -Buy wonderful companies at wonderful prices and hold them forever. – Warren Buffett’s Golden Rule for Investing in the stock market

One of his rules is to buy stock in companies that he personally understands and to keep the stock for a long time. “Time is the friend of the wonderful company,” he has often said. Also important to learn about price divided by earnings, known as the p.e., when picking a stock. Too low indicates the stock could be in trouble, too high could mean it’s become too expensive.

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About sand1

When I was young, I made a lot of bad choices. The only way I knew to dig myself and my family out was to go to the library, always hoping that the next book I read would change my life and thankfully, often many of them did. Out of gratitude for the happy life I have now, I decided to share what I have learned, and continue to learn. I hope that Tuesday Tips helps you as much as they have helped and continue to help me. Sand
This entry was posted in action, affirmative contemplation, Blogroll, Inspiration, kindness and compassion, money. Bookmark the permalink.

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