BE A PATIENT INVESTOR Time is on your side Don’t be afraid to wait for better opportunities and prices Watch the related WEALTHTRACK episode.
Investing Principles
EXTEND YOUR HOLDING PERIODS FOR STOCKS AND MUTUAL FUNDS
Extend Your Holding Periods For Stocks And Mutual Funds Watch the related WEALTHTRACK episode.
DON’T BE AFRAID TO BE A PATIENT INVESTOR
Watch the related WEALTHTRACK Episode.
INVEST SYSTEMATICALLY
INVEST SYSTEMATICALLY (Investing Principles) Already do it automatically in 401k plans Avoids market timing and emotional investing Invest equal amounts of money at regular intervals Buy more shares in down market and fewer shares in up markets Watch the related WEALTHTRACK Episode.
BEWARE THE SIGNS OF IRRATIONAL EXUBERANCE…
Beware The Signs Of Irrational Exuberance And Market Bubbles Wherever They Occur The signs are always the same: irrational exuberance driving prices far above the underlying fundamentals.
PAY ATTENTION TO THE MORNINGSTAR MANAGER OF THE YEAR AWARDS
Pay Attention to the Morningstar Manager of the Year Awards They identify skilled investors over multi-year periods in good and bad markets Future Performance of Morningstar Fund Managers of the Year By a 3-1 margin winners (in top two quintiles of fund performance) outnumber losers (in bottom two quinitles of fund performance) in next 5 […]