What is code for successful investment ??
Understand the business : That is tall task as some time even owners don't understand the business they are in , and hence often fail to meet customer needs profitably
Buying One dollar investment for 40 cents is popular guide for success . First there is no standard measurement tool that can calibrate a investment as One dollar , so how do you know you are buying at right price
Trust a expert ( Investment Advisor) : Well most of them are on a job earning lower than you and have no experience of managing their own money . They learn by making mistakes on your money .
SIP in Mutual Funds / ULIP . People have scary stories of 2007 and great stories of 2003 : well still this is better story than most inspite of loot of high expense ratio these mutual funds charges and have no accountability unlike other industry executives
That is precise reason I am an journey to find the Successful code of Investing . It is called S CODE .
More on it soon ...
Successful investing is all about being crazy , different and less wrong than others . The ideas and process written here may not suit all risk profiles so please check with your financial "doctor" before adopting .
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