20 Rules For Successful Investing

Rules For Investing:

  1. Buy low, sell high
  2. Focus on fundamentals
  3. Don’t invest in everything, do not spread yourself too thin
  4. Invest locally
  5. Utilize compounding interest where possible
  6. Only trade with money you have
  7. Dollar-cost average in with every paycheck
  8. Keep up with your investments
  9. Invest long-term
  10. Research before buying, know what you’re investing in
  11. Do not day trade
  12. Do not panic sell or panic buy
  13. Do not trade based on emotion
  14. Diversify your investments, do not invest everything in just one asset
  15. Do not follow what everyone else is doing
  16. Avoid liabilities, acquire assets
  17. Do not blindly trust actual & perceived authorities
  18. Understand bull markets & bear markets
  19. You are not a genius
  20. Take advantage of good arbitrage & avoid bad arbitrage

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Scott Cunningham

Scott Cunningham

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I am a social blockchain enthusiast that blogs and vlogs on what I believe to be the next level of social communication. https://www.scottcbusiness.com/