Follow these 3 conservative and old-fashioned investing principles that are still very effective today:
1. Buy good businesses
Buy stocks of companies that are solid businesses. They should be undervalued and have strong growth prospects.
2. Invest for the long term
It is pretty simple: buy great businesses and stocks and own them for years. Investing in stocks that are undervalued despite their sound fundamentals, is an excellent way to accomplish this long-term goal.
3. Collect dividends
Buy stocks of great businesses that pay you dividends for years and years. Dividends are usually signs that a company is stable. Dividends can supplement your income or generate wealth when you reinvest them over time. When you invest in Perpetual Dividend Raisers, stocks that raise their dividends every year, you ensure that you’re getting more income each year.
Sven Franssen