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10 Rules for successful investing.

bharat_vora's picture
Submitted by bharat_vora on November 15, 2009 - 05:31

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Submitted by bharat_vora on November 15, 2009 - 05:37. #

Found this great article on 10 rules of successful investing. In summary

Rule 1: Invest on the Right Side of Major Economic Trends ( don't buy realty when rates are rising )

Rule 2 : Sell Your Winners ( Book profit )

Rule 3 : thinking like a plumber to prevent losses

Rule 4: Always Sit in an Exit Row ( be ready to jump out  )

Rule 5: Your Broker is a Salesman  ( Don't listen to broker )

Rule 6: Invest for High Yields  ( Look for dividend stocks )

rule 7: Buy Value  ( pay 50 paise for 1 Rs worth of stock )

Rule 8: Retirement is a Lifestyle Issue, Not a Monetary One

Rule 9: Start Early and Leave Your Money Alone For as Long as Possible

Rule 10: All Investments Contain Risks – But Not All Investments Contain the Same Risks

Read full article here ..
http://www.moneymorning.com/2009/11/12/10-rules-for-investing/

 

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