There are hundreds of millions of investors in the world, each one having encountered losses and wins during the course of their investing/trading life. There are those who have escaped the financial trap faster than most of us. There are those who stayed stuck.
Despite whatever status they may or may not have reached, there's one common denominator -- experience. What great insights can we learn from them?
Despite whatever status they may or may not have reached, there's one common denominator -- experience. What great insights can we learn from them?
In this post, I present to you 8 of the best investment advice I have read online which I sometimes tend to overlook haha. I still make bad choices hehe; Young but still naive, I'm pretty much using up all the spare time I could spend to get to know the world of investing better.
I'm cutting this short and concise so that you'll just take three minutes to absorb all these nuggets of wisdom that you're about to discover. Enjoy!
I'm cutting this short and concise so that you'll just take three minutes to absorb all these nuggets of wisdom that you're about to discover. Enjoy!
Richard Russell (Image Source: Business Insider) |
2. “The whole secret to winning and losing in the stock market is to lose the least amount possible when you’re not right.” William J. O’Neil, founder of Investor’s Business Daily.
3. “Most big fortunes result from investing in a growing business and staying with it through thick and thin.” Thomas Rowe Price, Jr., founder of T. Rowe Price & Associates.
4. “If you are shopping for common stocks, choose them the way you would buy groceries, not the way you would buy perfume” Benjamin Graham, legendary value investor.
5. "Only invest in what you understand and at the right place." Warren Buffett, "Oracle of Omaha", Berkshire Hathaway
Warren Buffett (Image Source: NBC Bay Area) |
6. “An investment in knowledge pays the most interest.” Benjamin Franklin.
7. “Invest in yourself and the people you believe in.” Patrick Soon-Shiong, pharmaceutical entrepreneur.
8. “Invest in as much of yourself as you can, you are your own biggest asset by far.” Warren Buffett, "Oracle of Omaha", Berkshire Hathaway