Here at Srilanka Share Market, we’re on a mission to provide first hand information to those who are willing to invest or trade in Colombo Stock Exchange. Also heading into share market could be scary, but we SriLanka Share Market turn that fear into fun by providing educational, research materials from respectable sources.
12 Timeless Rules of Investing: Guidelines Every Investor Should Embrace, But Few Actually Do
By Dr. Steve Sjuggerud
In the special report below, I identify 12 classic investing rules that every investor can use throughout their lifetimes. These time-honoured guidelines are proven in helping investors achieve their goals, sometimes in capitalizing on gains and sometimes in mitigating losses. Enjoy!
1. An attempt at making a quick buck often leads to losing much of that buck.
The people who suffer the worst losses are those who overreach.
If the investment sounds too good to be true, it is.
The best hot tip I've found is "there is no such thing as a hot tip."
2. Don't let a small loss become large.
Don't keep losing money just to "prove you are right."
Never throw good money after bad (don't buy more of a loser).