Question
What is one of ten important investment keys to remember? You can't really beat the market Set unrealistic expectations Disregard time horizons You don't really
What is one of ten important investment keys to remember?
You can't really beat the market
Set unrealistic expectations
Disregard time horizons
You don't really need a plan. Just go with your gut
What types of stocks should you invest in?
Hot stocks
Stocks that are popular
Stocks that have the potential to explode but are based on a technology you don't understand
Stocks that you know
What is risk capable of doing?
Making a lot of money or losing it all
Creating stability and security
Providing the best investment strategy
Generating objective investment decisions
What should you remember about investment advice?
All fees are negotiable
If you are doing your homework, then you can make your own decisions
Control your own investment destiny instead of paying someone to control it
All of the above
How should investment decisions be based?
On what everyone else is doing
On what an investment advisor tells you
On careful research
On gut feelings
What should you assume about the past and the future?
The future will generally look like the past
Current earnings will project future earnings at the same or higher level
The past plays little role in the future
Assume nothing and do the research first
What happens when an investor over-diversifies?
The portfolio has many small investments and has difficulty beating the market
His portfolio never beats the S&P500
His portfolio becomes very volatile
They create high-risk scenarios
What is a key trait of a successful investor?
Using the same strategy all the time
Staying informed
Ignoring investment advice
Sticking to your investment strategy, no matter what
What is central to investment performance success?
High IQ
Natural Born Talent
Practice
Who you know, not what you know
What should your overall action plan include?
A workable investment strategy
A workout strategy
An exit strategy
A cash flow strategy
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