Learn more about moneyandinvestments with this collection
How to create a diversified portfolio
How to analyze stocks and bonds
Understanding the basics of investing
Looking at Others Can Get in the Way of Managing Your Financial Affairs
How rich other people are getting. “Nothing so undermines your financial judgement as the sight of your neighbor getting rich.”
Financial advice from billionaires. The ultra-wealthy are usually out of touch with normal people for their advice to be useful. They can also recover from huge financial mistakes that you can't afford.
36
929 reads
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Once Purchased, Your Investments Will Perform as They Will
What you paid for an investment. Holding on to a losing investment until you break even can burn you badly. Some stocks never come back. Buy and hold can work out well for some stocks, but for others, you're just throwing good money after bad.
The time and effort yo...
33
431 reads
Some Totally Useless Thought Experiments
How much you could have made if you would have only put $10k into… This sort of backward looking fantasies are useless, unless they teach you how to pick the next 10-bagger before it shoots up. Otherwise, you may as well throw darts at a list of stocks. Enron anybody?
32
386 reads
Things That Look Good but Don't Really Matter
Beating the market. Investing is about achieving your personal financial goals, not beating the market. Would you rather get great returns but fail to achieve your goals (e.g., because you invested too little, too late), or achieve your goals with mediocre returns (because you in...
32
383 reads
Some Things You Think Would Make You a Great Investor - Don't
Your IQ. In investing, EQ matters more than IQ. There are lots of smart people who invest, but far fewer who can control their reactions. Normal IQ with high EQ makes you a better investor than the opposite.
Success in other areas of your life. Those who as...
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488 reads
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