Some more market teachings

If you do not know why a big brokerage house is doing something, copying them because they are a big house is a sure way of wealth destruction.

If you cannot find an attractive idea, keep your money in the bank account. Cash does not bite.

If you want to trade, think like a trader. If you want to invest think like a businessman. Both need discipline.

Opportunity chases money. If you have money, opportunity will seek you. Cash is king even in bull markets.

You need no more than 2 good ideas a year. Once you have found them and put enough cash to back your brain, stop listening to ‘experts’ just chill.

Rational need not be fashionable, and vice-versa. Just as in eating healthy and interesting may not be the same.

You can eat dull, boring, healthy food or flashy, greasy, loud, food. Short term pleasure is normally followed by long term pain – just as in investing. LOL.

Related Articles:

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

Leave a Reply

This blog is kept spam free by WP-SpamFree.