Thread: Investing 102
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Old 03-20-2014, 08:34 PM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by sik68 View Post
Came across the '5 Golden Rules of Investing Success'

Pretty sure I've read these all somewhere before?



I keep saying --- it really isn't rocket science. It's really just that PEOPLE want to buy something (an investment) and have it instantly make them rich. They're the ones that will remain poor. They'll lose faith - and lose interest.

Putting some away -- religiously... sticking with it - that's what works. Buying stuff you can believe in long term helps you stick with it -- getting dividends so you can actually see "free money" being added to your pile - that helps get you thru the down markets -- so that you'll still be invested when it turns around and heads back up. Simple to talk about -- hard to believe in... until you're in a couple years and see that by golly it really does work.
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