WHAT ARE the main principles of investment success?
Family Money, Sept.-Oct., runs a cover story, "The Only Things You Must Know To Make Money in Stocks." Summary:
Systematic investing improves results dramatically. You develop discipline to stay in the market for the long term rather than pull out when it heads south.
Most important: Don't put all your eggs in one basket because if your stock lags, you won't have others to offset your losses.
Long-term, growth stocks are your surest bet. Companies with strong earnings growth are easier to spot than promising "value" stocks.
Timing the market's ups and downs is futile. Prevent commissions and taxes from spoiling your returns by buying quality stocks - and hold on.
TOP BILLING: Fortune, Sept. 4, runs a cover story, "Best of The Bunch: 10 Stocks To Bet On." They are RF Micro Devices Inc., Network Appliance Corp., Solectron Corp., Mercury Interactive Corp., Sapient Corp., 12 Technologies Corp., Comverse Technology, Cree Inc., Forest Laboratories Inc. and Guidant Corp.
WALL STREET WATCH: "Out of fashion or not, high-tech firms are still America's fastest-growing companies." (Jonathan Steinberg, editor, Individual Investor)
"The best deals in bonds today are those that mature in about 10 years. A 30-year Treasury pays about 6.4 percent, while a 10-year Treasury pays 6.1 percent., with much less interest rate risk." (Fortune)