Saturday, 4 June 2011

On becoming a rational investor (Part 8 of 9)


Discard anxiety, learn to face problems in the best possible way, and become a rational investor. Your financial and philosophical sharpness will grow together. Your personal effectiveness will increase and you will become more tolerant and self-reliant.

Stop worrying, take action, and start making money. Never place all your savings on a single investment.
  • If you acquire the habit of diversifying your investments amongst different types of assets, chances are that you will be much less troubled.
  • If you purchase shares of solid companies around the world, your portfolio will tend to be less affected by problems in specific countries.
To be continued in the next post.

[Text: http://johnvespasian.blogspot.com]

[Image by photojenni under Creative Commons Attribution License. See the license terms under http://creativecommons.org/licenses/by/3.0/us]