I would just like to share with you an excerpt from the Stock Update that we received yesterday.
The difference between a successful stock investor and an unsuccessful stock investor is this: The unsuccessful stock investor is preoccupied with the market—its ups and its downs. The successful stock investor is focused on fantastic companies.
Warren Buffett, the greatest stock market investor in the world, said that if they closed the stock market for five years, it wouldn’t bother him. Why? Because the ups and downs of the market is noise to him. He doesn’t care about it. He invests in growing businesses, period. Not the stock market.
The key? To invest each month in fantastic stocks.
That’s why Warren Buffett’s investment horizon is 10 years to forever.
For example, when CEB, EDC, and FPH dropped almost 10 percent, that was noise. Peter Lynch, another legendary stock market guru,said: “The key to getting rich in stocks is not getting scared out of them.”
Out of the 10 companies we’re recommending, some companies are like eagles flying high today, such as ALI, MBT, BPI, NIKL. (We predict they’ll go higher.)
Some companies are horses that are galloping nicely, like CEB and SMPH.
Some companies are turtles crawling in the mud, like JGS, AP, EDC, and FPH. We believe that they’ll have their day to shine. We just don’t know when.
But all that is noise. They’re eagles, horses, and turtles now. In the future, they might be exchanging places.
So if you have the money, invest in all of them. Or buy five this month and buy the other five next month.
If your investible funds each month are smaller, then buy two or three different companies each month.
Which should you buy now?
If you’ve been doing SAM for some time, I suggest you buy some or all of our new recommended
companies: BPI, NIKL, JGS, and SMPH.
My other suggestion? Block out the noise.
Remember: Becoming wealthy is simpler than you think.
May your dreams come true,
May this bless and convince you to invest in the stock market and be part of the 15% who will make money in the stock market.
Enjoy your Journey to Financial Freedom!!!
Should you have any question on this post or on stock market investing, please leave a comment or contact me here.