Growing Rich with Growth Stocks
©Money Magic, Inc.5/8/99
Saturday Daybreak KATV, Chn. 7
Mary Ann Campbell, CFP

• Rule One: Forget about the Market
  Take a long-term view of investing and ignore the day-to-day fluctuations of the economy.
• Rule Two: Invest like a Tortoise, Profit like a Hare
  On Wall Street you truly get rich SLOWLY. Don't be a trader. Buy quality and stick with it.
• Rule Three: Buy the Best when it's on Sale
  Buy good businesses at the right prices. Purchase PE multiples below the companies' overall growth rate.
• Rule Four: Take a Good Look Around You
  Be on the lookout for promising investment ideas. Look for trends. Know what you and your family use.
• Rule Five: Get to Know your Partners
  Find out about top management before buying shares. Make sure they're "doers," not "bluffers."
• Rule Six: Avoid Unnecessary Risk
  Concentrate on large corporations with proven staying power, low debt, and diverse product lines. Also, buy cheap.
• Rule Seven: Travel Around the Globe, but Stay at Home
  Buy American companies that derive a good portion of earnings from overseas sales.
• Rule Eight: Be Willing to Change
  Alter your investment process to keep up with the changing times. Keep up with current conditions.
• Rule Nine: Never Underestimate the Power of Technology
  Technology stocks should be a part of every 21st century investment portfolio.
• Rule Ten: Read the Fine Print
  Call the company's investor relations department and ask for research reports. Pay attention to the balance sheet.
• Rule Eleven: Don't Spread Yourself Too Thin
  Keep a well diversified portfolio of 20 to 30 companies from different industries.
• Rule Twelve: Know When to Say Goodbye
  Purchase with the intenetion to hold on forever, but know that sometimes it is necessary to sell.