I can't recall ever once having seen the name of a market timer on Forbes' annual list of the richest people in the world. If it were truly possible to predict corrections, you'd think somebody would have made billions by doing it.

If you can follow only one bit of data, follow the earnings - assuming the company in question has earnings. I subscribe to the crusty notion that sooner or later earnings make or break an investment in equities. What the stock price does today, tomorrow, or next week is only a distraction.

Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.

Avoid hot stocks in hot industries.

Your ultimate success or failure will depend on your ability to ignore the worries of the world long enough to allow your investments to succeed.

There's a company behind every stock and a reason companies - and their stocks - perform the way they do.

In stocks as in romance, ease of divorce is not a sound basis for commitment.