Peter Lynch's 10 Golden Rules of Investing

Investing is fun and exciting, but dangerous if you don't do any work

Never invest in any idea you can't illustrate with a crayon

You can't see the future through a rear-view mirror

Nobody can predict interest rates, the future direction of the economy, or the stock market.

The best stock to buy may be the one you already own

When insiders are buying, it's a good sign, unless they happen to be New England bankers

With small companies, you are better off to wait until they turn a profit before you invest

A stock market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you. A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.

If you can't find any companies that you think are attractive, put your money in the bank until you discover some

Owning stocks is like having children. Don't get involved with more than you can handle