Peter Lynch’s golden rule: If you can’t explain a company’s business to a 10-year-old in 2 minutes, don’t invest! 💡
#investingtips #peterlynch #stockmarket #investmentadvice #smartinvesting #financialwisdom #investing101 #simpleinvesting #moneytips
Peter Lynch advises that if you can't easily understand a company's business and explain it simply to a child within two minutes, you shouldn't invest in it. If the stock's value drops, you'll likely be confused about why it's happening and won't know whether to buy more or sell. This uncertainty often extends to your broker as well, meaning you should avoid investing in companies you don't thoroughly understand.
Full video available on:
[ Ссылка ]
