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Tip of the Day Never Spend More Than 2 Times Your Income On A Home

Never Spend More Than 2 ? Times Your Income On A Home - Half the trick to buying a home is knowing what you can afford to spend...

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Who is Peter Lynch?

Definition: Peter Lynch was the fund manager for the Fidelity Magellan fund from 1978 until 1990. During that time, he achieved an annual return of 29% per year.

More Details: Peter Lynch was a great mutual fund manager while at the helm of the Magellan fund.  He also went on to author a number of books, such as Beating the Street, Learn to Earn, and One Up on Wall Street.  He is especially famous for his "invest in what you know" strategy that encourages investors to buy stocks in the companies they know about.

 

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paper writing said:

I am huge fan of Peter Lynch and he is also my inspiration he is great man and work hard to achieve your goals. In America every single man knows that Peter Lynch because he is king of the stock market.

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Definition of the Day Turnover

Definition: In mutual funds, it's the percentage of total shares in the portfolio that are traded in a given period (usually a year). TeenAnalyst Advice: Investors prefer mutual funds with lower turnover rates because they have lower fees than those with higher turnover rates.  Also, if a mutual fund is constantly...

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