If you are sitting on sizable investment losses right now then there is something wrong with your investment strategy. Small losses are a normal part of investing, but a large loss is nature’s way of pointing out the flaws in your investment strategy.
In a newly published article titled The Ten Commandments Of Investment Strategy I walk you through the ten most important principles your investment strategy must adhere to. Violate any one of these principles and it will likely cost you money. Below are some highlights:
- Thou Shalt Not Gamble
- Thou Shalt Do Thy Due Diligence
- Thou Shalt Forsaketh The Advice Of False Prophets
- Thou Shalt Compound Returns
- Thou Shalt Diversify – But Not Di-Worse-fy
- Thou Shalt Invest Offensively
- Thou Shalt Invest Defensively
- Thou Shalt Avoid Illiquidity
- Thou Shalt Respect But Not Obsess About Expenses
- Thou Shalt Invest In Thyself
I know, I know… I got a little corny with the “Thou Shalts”, but I have to entertain myself with this stuff.
Anyway, to learn more about these ten essential principles to successful investment strategy and how you can apply them to your investing read the entire article here. I hope it helps you move one step closer to that next level of financial intelligence where investment profits are more consistent and secure.
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