The 5 rules to invest in stocks successfully

Start by checking these points as an investor.

1. Investing successfully depends on personal discipline and having a solid and well-founded investment philosophy is key to that.

2. Don't buy a stock unless you know the business. Invest time in researching a company before buying stock.

3. Focus on companies with large "economic moats" that defend them from the competition.

4. Don't buy a stock without a margin of safety

5. The costs of buying and selling can be a huge obstacle to the return on your investment.