Tuesday 7 January 2020

Investment success requires an appropriate mind-set

Investing is a serious business, not entertainment.

If you participate in the financial markets at all, it is crucial to do so as an investor, not as a speculator, and to be certain that you understand the difference.

Investors must be able to distinguish Pepsico from Picasso, and understand the difference between an investment and a collectible (speculation).

When your hard-earned savings and future financial security are at stake, the cost of not distinguishing is unacceptably high.

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