1) INVEST FOR MAXIMUM TOTAL REAL RETURN ( including Tax and Inflation)
2) INVEST—DON’T TRADE OR SPECULATE
3) REMAIN FLEXIBLE AND OPEN-MINDED ABOUT TYPES OF INVESTMENT
4) BUY LOW : “Buy when most people…including experts…are pessimistic, and sell when they are actively optimistic.”
5) WHEN BUYING STOCKS, SEARCH FOR BARGAINS AMONG QUALITY STOCKS
6) BUY VALUE, NOT MARKET TRENDS
7) DIVERSIFY. IN STOCKS AND BONDS, AS IN MUCH ELSE, THERE IS SAFETY IN NUMBERS
8) DO YOUR HOMEWORK OR HIRE WISE EXPERTS TO HELP YOU
9) AGGRESSIVELY MONITOR YOUR INVESTMENTS : Remember, no investment is forever
10) DON’T PANIC
11) LEARN FROM YOUR MISTAKES
12) BEGIN WITH A PRAYER
13) OUTPERFORMING THE MARKET IS A DIFFICULT TASK
14) AN INVESTOR WHO HAS ALL THE ANSWERS DOESN’T EVEN UNDERSTAND ALL THE QUESTIONS
15) THERE’S NO FREE LUNCH
16) DO NOT BE FEARFUL OR NEGATIVE TOO OFTEN
No comments:
Post a Comment