As a general guide to investing:
Every 5 years, one can expect 4 good years and 1 bad year.
For every 5 stocks selected and bought, 1 will perform poorly, 3 will be average and 1 will outperform.
The aim of diversification is ensuring wins are more than enough to cover the losses.
Remember to sell the losers and let the winners ride.
Aim for a return of portfolio investment of 15% or more per annum.
Keep INVESTING Simple and Safe (KISS) ****Investment Philosophy, Strategy and various Valuation Methods**** The same forces that bring risk into investing in the stock market also make possible the large gains many investors enjoy. It’s true that the fluctuations in the market make for losses as well as gains but if you have a proven strategy and stick with it over the long term you will be a winner!****Warren Buffett: Rule No. 1 - Never lose money. Rule No. 2 - Never forget Rule No. 1.
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