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venkataramanan, Professor, India
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Let's collect a list of investment mantras here!
If possible, let's also add the circumstances / market conditions that make them valid (or not).
1. "When confident, concentrate; when doubtful diversify". When is this considered a sensible advice?
2. "Don't put all your eggs in one basket". In what kind of circumstances is this a smart strategy?
3. "Buy at bottom + 1 and sell at top -1". Is this a good strategy? If not why? If yes when? (...) Read more? Sign up for free
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Vakhtang Kelbakiani, Student (University), Georgia
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Investment Mantras: 4. Keep your Eyes Open - a Mantra Worth Keeping in Mind
4. "Keep your Eyes Open. Base your theory on facts. Don't filter facts to suit your your theory".
I found this one in an investment book. Says that you should keep digging and even one deviation from your theory can be a valid reason to make a new assumption and a new theory.
The investor faces a time versus safety dilemma.
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Hijab Naqvi, Student (MBA), Pakistan
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On #2: Don't Put All your Eggs in One Basket
Don't put all your eggs in one basket is a particu (...)
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venkataramanan, Professor, India
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On #2: Don't Put All your Eggs in One Basket
The above sentence puts in a nutshell the concept (...)
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michael cook
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5. Don't Fight the Fed
This is a mantra, a "slogan" if you will, not a st (...)
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venkataramanan, Financial Consultant, United States
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Taxation Mantra (Personal & Business): Pay and Forget
As far as taxes are concerned "Pay & forget" is a (...)
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