If you have got a formula that could make money, STICK TO IT.
No one can make all the money, let others make some.
Generally, any tactic that results in profits in terms of shares investment should be followed consistently. Unfortunately, rarely does one stick to sound investment tactics. This is because we are often swayed by others who claim that their tactics are better. However, the truth is that these persons may have only told you about the profitable side of their story and not the losses they have incurred.
Therefore, if you have found a certain strategy which enables you to make money, you should continue to use it. The bottom line is not to be greedy as it can be costly.
As such, the most important thing that you must remember is to follow a strategy that consistently gives you profits. The size of the profit is not as important as the method because with the correct method, you can improve on the amount of profits eventually.
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.
Showing posts with label Stick to it. Show all posts
Showing posts with label Stick to it. Show all posts
Tuesday, 7 October 2008
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