101 Investing Tips

36) The difference between forward P/E and trailing P/E.
Remember there is a huge difference between what has happened (trailing) to what investors expect to happen (forward).

37) The difference between a growth stock and a value stock.
With growth stocks you are betting more on the come. They are exciting, mesmerizing and risky if you are on the wrong side of the curve. Value stocks are more staid. These are a Ben Graham or Warren Buffett type investment. Buy out of favor solid value and wait for it to perform.