4 Things Investors Should Avoid
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1). NOT UNDERSTANDING THE INVESTMENT:
One of the most world’s most successful investors, Warren Buffet, cautions against investing in businesss you dont understand. This means investing in a company you should understand the principles of their business model.
One of the most world’s most successful investors, Warren Buffet, cautions against investing in businesss you dont understand. This means investing in a company you should understand the principles of their business model.
2). DON’T LOSE YOUR PATIENCE:
This means you need to keep your expectations realistic in regard to the length, time and growth that each stock will encounter. Remember slow but steady wins the race. Your investment definitely have a stipulated period of growth. Wait for it!!!!
This means you need to keep your expectations realistic in regard to the length, time and growth that each stock will encounter. Remember slow but steady wins the race. Your investment definitely have a stipulated period of growth. Wait for it!!!!
3). DON’T CONFUSE HISTORICAL RETURNS WITH FUTURE EXPECTATIONS:
This means you should expect far greater variability in expected returns than long-term averages would indicate. Don’t make the mistake of basing your investment plan on historical average returns,
This means you should expect far greater variability in expected returns than long-term averages would indicate. Don’t make the mistake of basing your investment plan on historical average returns,
even if your investment time horizon is long-term.
4). DON’T INVEST WITHOUT A PLAN:
Don’t make the mistake of spending time on planning your vacation than planning your financial future.
Don’t make the mistake of spending time on planning your vacation than planning your financial future.