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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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