Anyone who plans to manage or be actively involved in managing his own investments should know how to glance at financial statements and accounting footnotes (which, by the path, is often where the absolute nuggets of material data lie). Only invest money you can afford to lose. This excludes your 401(k), IRA, and the bulk of your savings. Track your investments daily or weekly, however not minute to minute. Diversify your portfolio and comprehend stop losses so the % loss on your entire portfolio is small enough that you don’t lose your peace of intellect.
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July 14, 2011
Become A Better Investor Now!
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