Investing in Stock: Common Sense Analysis Part 5
Do not invest any money you are not willing to lose
After all that non-technical analysis, you still have to be willing to lose it all if things don't go well. Buffet's first rule for stock investing is "don't lose money" but it pre-supposes the assumption that you will invest in the first place.
If you are going to invest then Buffet's rule is the golden one but before I make that decision, I ask myself at this point in time am I financially ready to lose money. If I am then I follow Buffet's rule (hope for the best, expect the worse). If I am not, then I sit on the sidelines.
After all that non-technical analysis, you still have to be willing to lose it all if things don't go well. Buffet's first rule for stock investing is "don't lose money" but it pre-supposes the assumption that you will invest in the first place.
If you are going to invest then Buffet's rule is the golden one but before I make that decision, I ask myself at this point in time am I financially ready to lose money. If I am then I follow Buffet's rule (hope for the best, expect the worse). If I am not, then I sit on the sidelines.
Labels: Investement Strategy
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