Through every type of market, William J. O’Neil’s national bestseller, How to Make Money in Stocks, has shown over 2 million investors the secrets to building wealth. O’Neil’s powerful CAN SLIM Investing System?a proven 7-step process for minimizing risk and maximizing gains?has influenced generations of investors. He writes, “big money in mutual funds is made by owning them through several business cycles. . . . This means 10, 15, 20, or 25 years or longer.
Key Takeaways:
- Handling individual stocks and handling mutual funds are totally different games.
- Individual stocks may only last for several weeks to several years as a sound investment.
- A well-diversified mutual fund is designed for the long haul, to be held through many market cycles.
“If your primary interest is handling well-diversified mutual funds, read Chapter 18 in the fourth edition of “How to Make Money in Stocks” and when you are done reading it, read it again.”
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