Are you dreaming of becoming
one of the best stock market investors in the world? Then, it would help if you
went for Peter Lynch's stock market investing secrets. The legendary investor
isn't only good at brokering and sealing profitable deals; he is a pacesetter
setter with an inspiring legacy throughout his time with the Fidelity Fund.
What's so special about Peter
Lynch, and why is he one of the world's highly-rated stock investors? Peter
Lynch isn't just an ordinary investor; he is an award-winning intelligent
mutual fund manager and philanthropist well-known for the decisive role in
helping Fidelity Magellan fund become one of the most successful mutual funds
in the world.
During his 13-year reign as
Fidelity Magellan Fund Manager between 1977 and 1990, Lynch helped Fidelity
Fund surpassed the US stock market index S&P 500 with a mind-blowing 29%
average annual return which means every $1 invested in his fund year in 1977
turned to $27 by the end of his management. The assets under management
increased tremendously from $18million to a massive $14 billion.
What makes Peter Lynch so
unique isn't just the impressive records; his desire, determination, and zeal
to help young investors become the best in their chosen career endeared him to
many young business moguls who can't help but referred to his books — Beating
The Street and Up On Wall Street — to learn the secrets behind his landmark
achievements whenever there is a need to make significant decisions.
Having discovered Peter
Lynch's captivating achievement and the reasons why he is highly rated, sure
you wouldn't mind searching all over the internet for the secrets behind his
laudable records.
Luckily, you don't have to go
from one page to another in your desire to unveil Peter Lynch's hidden
treasures because we have a well-detailed list of his best stock market
investing secrets that will boost your chances of being among the best
investors in the near future. See the secrets below:
• Invest In the Company and Stock You Know
According to Peter Lynch, you
must give quick and simple reasons why you should invest in a company and what
you stand to benefit from before making any move. Endeavor to know the
company's earnings prospects, financial condition, competitive position, plans
for expansion, among others. In the same vein, every investor must know the
stock they're about to buy.
• Don't be in a hurry to succeed
In one of his interviews,
Peter Lynch disclosed that being a booming stock market investor isn't achieved
overnight. He advised young investors it's better to consume much time studying
the market than investing in the wrong company.
• Try Seeing What Others Couldn't See (Look
Beyond What is Visible)
If you must succeed as an
investor, you must see what others aren't seeing. Lynch's philosophy includes
taking time to look beyond what other investors aren't seeing.
For instance, everyone wants
to invest in a company offering successful stocks because that's what they all
see. However, Lynch would rather want you to invest in a company that has what
it takes to keep the stock's financial value and growth for the long term.
• Consider Investing in Mutual Funds
Having spent 13 years as a
manager at Magellan, a mutual fund, you can trust Peter Lynch on this. The
well-respected investor believes investing in mutual funds won't ease your
research duties and improve your profits.
The Bottom Line
Now you have it, the secrets
discussed above played a significant role in helping Peter Lynch achieve all he
has today. If they all worked for the 70-year-old investor, they could equally
make you a great investor if properly applied.
Lastly, every goal-oriented
investor needs to be hardworking and dedicated. Hence, it would be best if you
didn't play when you ought to be researching a fast-selling and profitable
stock.
