There are many different ways to approach the stock market. There are value investors like Warren Buffett and Ben Graham who try to find companies that appear cheap and have a good chance of recovering. Another  approach is to buy an index fund that matches the market's performance. Really, there are many different ways to look at the equation. But when I look at the stock market, what I want to know is: How can I make the most money while taking on the least amount of risk?

Growth investing is the answer. As a growth investor, I try not to rely on feelings and emotions when I invest, and my 28 years of crunching numbers and reviewing the results have consistently shown me that growth stocks are the way to make the most money in the stock market. I want to own a diversified portfolio of companies that are making more money faster than other companies on the stock exchange. I want companies that are raising prices because their products are so popular and demand is so high. My research shows that I want to own companies that create an entire new industry like Research in Motion (RIMM). I want the companies that cure disease, find new, more efficient ways to feed the world and provide alternative sources of power.

My definition of growth stocks is different from Wall Street's definition. They look for companies that are growing faster than average and faster than the economy. I want the companies that are growing the fastest. I want them growing so fast the Wall Street analysts can't keep up. I want the ones that generate free cash flow quarter after quarter and year after year. This cash can be used to pay dividends, to buy back stock or be put back into research and development to improve their products and create new ones. I want to own the stocks that do this consistently. My system is designed to avoid and eliminate one-hit wonders and flash-in-the pan stocks. When I look at my current Blue Chip Growth or Emerging Growth buy lists I see stocks that I have owned for three, four and even 5 years because of their superior products and strong market position–stocks like Apple (AAPL), Precision Castparts (PCP) and America Movil (AMX), which have handed us 354%, 148% and 403% respective profits!

So you see, this investing approach can be quite successful. Best of all we do so with less risk! I take the hard work out of investing for you. The first lesson I tell my readers is to ignore anyone who claims that you can't beat the market. We've done just that for over two decades. See the chart below. And these aren't my numbers. This has all been documented independently by The Hulbert Financial Digest.

Being a growth stock investor makes me a happier, more optimistic person. By owning a diversified portfolio of companies that are changing not just business and the markets but in many cases the world, it is easy to see that that there will be more breakthroughs in the years ahead. There will be advances in medicine, in technology and in science that will make the world a better, safer place with a much improved quality of life. As a true growth stock investor, not only will I enjoy the benefits of the breakthroughs, my subscribers and I will profit from them as well!