Avoid Hot Stocks In Hot Industries.

I Think You Have To Learn That There's A Company Behind Every Stock, And That There's Only One Real Reason Why Stocks Go Up. Companies Go From Doing Poorly To Doing Well Or Small Companies Grow To Large Companies.

If You Can't Find Any Companies That You Think Are Attractive, Put Your Money In The Bank Until You Discover Some.

An Important Key To Investing Is To Remember That Stocks Are Not Lottery Tickets.

Avoid Hot Stocks In Hot Industries.

During The Gold Rush, Most Would-be Miners Lost Money, But People Who Sold Them Picks, Shovels, Tents And Blue-jeans (levi Strauss) Made A Nice Profit.