Dear @kalvinlye7893, Thank you for taking the time to comment and share your views - we appreciate it very much. Peter Lynch's philosophy is that investors should only buy a stock when they understand the business and have enough conviction to hold the stock in all market environments. This is a sound philosophy for people with the resources, time, and interest to research companies. The issue is that most people are busy with their day-to-day lives, families, and careers and may not have the time or interest to do so. Our Head of Investment, Chye Hsern, previously wrote an article on how Providend does 'active investing' for our clients, which you can read here: providend.com/active-investing-that-adds-value-to-the-client/ You may also be interested in this article by our CEO, Christopher, on why investing in the S&P 500 alone is not the silver bullet, although it could be seen as a diversified index to some investors: providend.com/investing-in-the-sp-500-alone-is-not-the-silver-bullet/ Meanwhile, have a restful weekend ahead!
According to legendary investor Peter Lynch , diversification could easily lead to Die worst ification !
Dear @kalvinlye7893,
Thank you for taking the time to comment and share your views - we appreciate it very much.
Peter Lynch's philosophy is that investors should only buy a stock when they understand the business and have enough conviction to hold the stock in all market environments. This is a sound philosophy for people with the resources, time, and interest to research companies. The issue is that most people are busy with their day-to-day lives, families, and careers and may not have the time or interest to do so.
Our Head of Investment, Chye Hsern, previously wrote an article on how Providend does 'active investing' for our clients, which you can read here: providend.com/active-investing-that-adds-value-to-the-client/
You may also be interested in this article by our CEO, Christopher, on why investing in the S&P 500 alone is not the silver bullet, although it could be seen as a diversified index to some investors: providend.com/investing-in-the-sp-500-alone-is-not-the-silver-bullet/
Meanwhile, have a restful weekend ahead!