Legendary investor Peter Lynch on stock picking: 'The sucker's going up' is not a good reason 

I recently sold some of my NVDA stock to secure profits, but I'm retaining a portion for the long term. Nvidia's growth potential remains robust. I'm considering diversifying my 6-figure portfolio, but I'm uncertain about managing risks in my next move.

I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? I still want to be the first person in my polygamous family to make a million dollars despite the fact that others in my field make six figures per person. I am well aware of the costs associated with working more to get more money.

I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.

Peter sounding like a broken record teaching us the same wisdom for 30 years straight. Absolute legend!

Interesting how over 2% inflation has been a concern when central banks and the Fed begin to hike interest rates. I consider the rising interest rate to be a very serious issue since it will undoubtedly cause more investors to withdraw their money from the stock market. But then I'm still aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.

The problem is that I've been holding a lot of stocks in the hope of selling them for a profit this month, but I'm not sure if to keep holding or sell because I've been operating at a loss since Q2 and 2023 is really not looking good for investors. Typically during this time of the year, we get to see certain stocks go up in the market, but that's very unlikely this season due to the recession and overall economic crisis.

I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

The best way to describe the present economy is 08' 2.0. Yes stocks are at a discount and things will eventually get better but my monthly living expense is up $3750 from $1600 and I'm left wondering what retirement have in store for me 5years down the line, I'm ill-prepared tbh, my 401k gains are zero-nothing and my stock portfolio?...OH WELL!

Just because a stock/crypto is going up doesn’t mean it’s a good investment. just because a stock is going down doesn’t mean it’s a bad investment. theres more to a stock than just its stock price. An entire company more. focus on the company, not just the stock price or the bitcoin price, I trade and hold profits keep up the great work! and also Nate FLINT has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 17 BTC lately.

I’m under pressure to grow my reserve that currently holds about $500k. I’m down by 20% already following the crash and i fear i could lose more.

Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.

Because of dividends, I first began investing in stocks. It's important, in my opinion, to be able to live off of dividends without selling if you invest and make other income in addition to payouts. It suggests that you may pass that down to your kids and give them a leg up in life. Over the years, I've invested over $600k in dividend stocks; I continue to buy more today and will keep doing so until the price drops even further.

The less you appear on television, the more legend you become.

I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities

Lynch has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $253k to put in the market now that prices are down. Any ideas?

A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 60, I would appreciate any advice on potential investments.

The stock market rally run is over but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

I started investing when I was 35, mostly through sweat equity. I just turned 40 and this last month was the first time that my passive income broke $100k for the month. This is solid advice! DO IT! You don’t have to get rich quick, you just have to get RICH no matter what. 👍🏼

Acquiring a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. I’ve been trying to grow my portfolio of $160K for sometime now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

“Can we call him a legend?”Questioning that is disrespect to this legend.

I already converted all my ETH to AZO44T , now I feel like moving all my BTC to ADA as well.

*>Dividends are a great thing, but they’re only really effective for passive income when you either have somewheres over 20 to 25 thousand shares of a high yielding stock. Meaning you likely need to have a few hundred thousand if not more invested in it. Re-investing dividends back into the same stock certainly does snowball with compound interest, but you only really start seeing it after 16 years of never stopping and likely needing to add additional money of your own with it….so it’ll be time consuming and costly. The way I see it if you have a million dollars at some point, that’d be enough to create a portfolio that would pay you between 95 to 120 thousand in dividend income*

This guy has been 75 for 40 years, yet he is the goat of investing

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.

Great topic and video too. I buy stocks for different reasons. Some to hold onto forever. Others for a quick profit or just to hedge against inflation, spread my money across. I'd appreciate tips on best stocks for dividend income amidst a crash/recession, thanks.

With a limited number of stocks propelling the recent surge, and a majority of traders seeking rapid wealth accumulation as the shine fades from those gains, it's crucial to acknowledge the wisdom that "you won't go bankrupt by cashing in profits." Even Buffett is divesting! I remain indecisive about liquidating my $300k portfolio, given its recent substantial downturn.

Over the years I have learned how to analyze stocks and developed my own skills. However, one of the best ways I've learned about dividend investing has been by buying dividend stocks. Workplace learning is a great way to grow and gain experience. i have received $280k so far last year in dividends

"I don't know" - Peter Lynch on CNBC, April 25th 2023

I began my investment journey at the age of 38, primarily through hard work and dedication. Now at the age of 42, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

Once you actually start investing and start to have profitable weeks/months. This kind of video will really start to make sense. So if you don't think it's helping you now, just come back when you're knocking on the door of being consistently profitable. So I’m left wondering what 2023 has in store for us investors, I’ve been sitting on over $745K equity from a home sale and I’m not sure where to go from here, is it a good time to buy or do I wait?

Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.

Still kicking it. An all time great.

" There is always something to worry about" keep investing and think long term!

The stock market is currently experiencing a decline while bond yields are on the rise. However, there seems to be skepticism amongst investors regarding the Federal Reserve's plan to continue increasing interest rates until inflation is stabilized. As for myself, I find myself at a crossroads, uncertain whether to liquidate my $250,000 stock portfolio. I'm seeking advice on the best strategy to capitalize on this current bear market.

The Man, The Myth, The Legend!!! Such a special moment, can’t believe he’s giving an interview!!!

I’ve been watching your channel for the past couple of weeks. I’ve learned so much and just want to say THANK YOU. You inspired me to start dropshipping and pursue my goals in business. Best of luck to you and your future 💯

Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol

Great Author, i’ve read all his books while I was in college, I managed to turn 2k into over 70k over 4 years of investing

What a Legend bro came from a single parent household with nothing handed to him and made it to the top

Peter Lynch is the Fidelity GOAT, thanks for helping me retire early Pete!

One of the best things I ever did for myself and my clients, was read his books when I started in this business in the early 90s. Fantastically simple and effective methodology that always works at the end of the day. Thank you Peter Lynch.

Damn, I’ve been waiting for new content from Peter Lynch, and he pretty much said the same thing that he’s been seeing over the last few years

Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market

Why do I get the weird feeling while listening to this great investor speak that I've heard him say these exact things, about these exact subjects 1 million times before?

20+ years later & STILL pushing the EXACT SAME message… a true investing LEGEND!

4 minutes --way too short ---bring him back !

Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?....

Wow, this was TWO WEEKS AGO. How'd you guys get Peter Lynch for an interview. He's hardly EVER SEEN. And HE'S A WALL STREET LEGEND!!! Love this!

Normally, during this time of the year, we see certain stocks rise in the market, but that is improbable this season due to the reccesion and overall economic situation. The problem is that I've been holding a lot of stocks in the hope of selling for a profit this month, but I'm not sure whether to maintain holding or sell-off, as I've been running at a loss since Q2 2022 and 2023 is not looking promising for investors

In one word, legend. Impressive that he's not shy to name his misses. If you read "Beating the street", his advice on Altria (Philip Morris back then) aka "Buy what you know and can generate predictable cash flows and has strong brand recognition going for it" would have worked. Dividends reinvested, an investor would have beaten the S&P 500 by a wide margin !

I'm sure Joe Kernen knows his stuff, but will someone please tell him to keep the question short and let the interviewee speak?

Legend indeed. Changed my whole outlook on stocks.

I just love this guy Peter Lynch. I read all this books.

Peter is a genius legendary I wish they asked him about inflation he lived through that period

Wow the goat . His books are worth a read for building wealth . Bin studying Peter lynch since the 80s.

Making money is not the same as retaining it, which is why investing isn't well-taught in schools. The examples you provided are well-placed, and the market collapse gave me my first millions. People avoid adversity, but I do. At least my advisor does.,

Wow! Very lucky to see him on an interview, I've been wanting to hear from him for years!!

PETER LYNCH IS BACK AND HE LOOKS BETTER THAN NEVER!!!!!!

People doing the exact opposite of what he has always preached. Personally, I use his philosophy on investment to the best of my ability.

I'm wondering if folks who went through the 2008 financial crisis had it easier than me right now. The market conditions these days are really causing me a lot of stress, with my portfolio taking some big hits over the past few months and my profits dwindling. I'm worried that this could put a wrench in my retirement plans, since I can't seem to boost my stagnant reserves.

My god finally finished his 1st seminal book last week-love him..Great to see something recent on him..Living god

How bad does FOXA stock plummet from the Tucker Carlson firing the next few days? They have nothing now. Lost a billion in market cap today alone. Look out below. I'm still at a crossroads deciding if to liquidate my $138k stock portfolio, what’s the best way to take advantage of this bear market?

What a legend!!

thank you so much for carrying everyone along, as a 48 year old man I have struggled with debt and loss for 10 years now I am just beginning my journey with you, thank you🥰🥰🥰🥰

I started value investing about 3years ago, scrutinizing every balance sheets, and frankly ‘this sucker is going up’ seems to be the better strategy

Glad they have an actual credible investor greats on here. Kudos for Peter Lynch looking good in health.

Peter taught me everything I know about investing. I wish he would come back for 1 more run.

"Find something you enjoy doing and give it everything you've got, and the money will take care of itself." - Peter Lynch

Wow, Peter Lynch. It is a pleasure seeing and hearing you.

Legend

He's still goated. Summarizing "Be careful, look at the balance sheet. The sucker is going up is a bad reason to decide to invest into that company"

Great to see you Mr. Lynch! I want to thank you for everything you have done and keep on doing. You have been a mentor for me around investing and I bet for many others as well. All the best for you Sir 🙌

Glad to see Peter Lynch👍👏

Such an inspiration 😍

About time you had this legend on. He’s so much better than half the people you have on with their random speculatory nonsense

Peter Lynch is the stock picker GOAT

Wow I hope Lynch makes more appearances. LEGEND!

absolut legend

Peter Lynch is the greatest of all time

I honestly didn’t know he’s still alive 😂 but it’s great to see that he is 🎉

wow, haven't seen peter for longest time... glad he is doing well.

I watch his 1994 interview EVERYDAY, for the last 2 years, to remind myself to stay patient and reasonable in a market. It is sad to see he has got this old.

One up on wall Street is one of the best books ever written

Most Americans find it hard to retire comfortably amid economy downtrend. Some have close to nothing going into retirement, my question is, will you pay off mortgage as a near-retiree, or spread money for cashflow, to afford lifestyle after retirement?

Thanks for the information! Might use some for my future videos...

He rarely makes any appearance on public forums nice to see him again after much long time

Good editing with the clean cut-off at the end.

I love you Peter Lynch 🙏🏻❤️ Thank you for your teachings!

Finally, someone who is not pushing a crypto comeback or some SPAC. He has an admirable track record of investing.

I love watching his RU-vid’s. He is funny, makes investing simple, and is a certified genius

I think a lot of people discount the role of timing in some of these success stories. There's no doubt that Peter Lynch had the right temperament for investing in the 70s and '80s, but it's also true that that was a pretty unique time in the American Stock Market that is unlikely to be repeated. That's not to say that you can't make money moving forward, but rather to say that I don't think the same strategy hold true and I don't think the same people who made money in those decades with necessarily be the same people making money in these decades.

❤Use the product if you like it, good fundamentals, backed by their own employees, and no noise BUY IT - Peter Lynch's legacy is undeniably one of best

Love the legend calling in from great city of Boston 😅😊

他是传奇！！！愿健康常伴与他和他的家人

Druckenmiller laid out just how disproportionate the money printing was this time compared to 5 prior recessions added together. They kept printing long after retail stabilized. The consumer is addicted to a certain lifestyle and government benefits over working it seems.

Thank you very much...

Good to hear from him these days…enjoy it while he’s here

I think this recession is only the most predictable recession because more and more people are more financially educated today than before. Look at the 0 commission stock brokerages today. It is allowing anyone to start trading and learning the market. Before most people don't trade and don't really pay much attention to the market or state of the economy. Thus will only become more common. I don't know how this will impact the economy and the market. But certainly the market behavior has changed significantly since this change. Market should not be rallying when there is a banking crisis, high inflation with aggressive rate hikes, etc. I think market is evolving into a casino where the large institutions is the casino house dealing the cards on the table and people wager their bet on how the house will pump or dump the stocks.

That guest Took all things these people say and broke everything down to the basics