Tue 07 August 2018 - Paramount Financial Solutions
Nine Keys to Successful Investing
> Investing during times of uncertainty can be nerve wracking, but even in good times it can be problematic. For this reason, it’s useful for investors to keep a key set of things – call them rules – in mind.
> The key rules I think are to: make the most of the power
of compound interest; be aware that there is always a
cycle; invest for the long term; diversify; turn down the
noise; buy low and sell high; beware of the crowd at
extremes; focus on investments offering a sustainable
cash flow; and seek advice.