Introduction
It is the first time I heard this argument about studying 20 companies very well, holding 20 stocks life time; It is never too late for me to start to learn and get into this activity. I like to spend some time to study companies, and choose 20 companies and get back to hold the stocks for those companies.
20 companies
I need to figure out what 20 companies I should study and work on, I need to practice and then hold those companies stocks in the long term.
One of ideas is to save some money every month on grocery shopping, or clothing shopping which is my biggest expenses. I spent double average Canadian grocery expenses over $400.00 dollars. Instead I should spend less than $100.00 dollars to get into the purchase of stocks.
I like to read the article called top 100 companies to work for, here is the link.
Reference:
1. Why investing is the best way to get rich - Phil Town (The link is here)
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