15 Oct Nine keys to successful investing – and why they are more important than ever
Key Points:
- Even in good times successful investing can be stressful. 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: make the most of compound interest; don’t get thrown off by the cycle; invest for the long term; diversify; turn down the noise; buy low and sell high; beware of the crowd; focus on investments offering a sustainable cash flow; and seek advice.
- These are particularly important in times like the present when coronavirus has caused extreme uncertainty.
