Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.

The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.

Hold no more stocks than you can remain informed on.

All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out.

A lot of people got in at the wrong time. A lot of people did very well and some people said, "This is it. I'll never get back in again." And they maybe meant it, but they probably got back in again anyway.

You shouldn't just pick a stock - you should do your homework.

The real key to making money in stocks is not to get scared out of them.