SELECTING STOCKS - VOLATILITY 3 of 3
SOME ADDITIONAL TIPS
In addition to fluctuating share prices, here are some other points to consider.
Buy, don't be sold . Do your own due diligence and don't listen to others unless they can back up what they say with facts.
Be a realist . Let your priorities be the sole reason for an investment. If you know you will need your money in 2 months, put it in a guaranteed investment vehicle.
Use knowledge . Purchase stocks based on facts, not rumors or tips. Above all, don't try to predict the future, rather concentrate on minimizing risk.
Don't try to get-rich-quick . It doesn't work. Over time, the disciplined investor wins the race every time. Use A[e]IM and follow its recommendations unless you have a good reason not to. You'll likely do much better and will definitely experience less stress.
Take action . Review your portfolio regularly. If the fundamentals change, and your stock choices need improving or upgrading, do it right away. Delayed action translates into delayed benefits.
Don't doubt . Once you're convinced A[e]IM is the superior system (and you should convince yourself before using it to manage your money), stick with it through the ups and downs. Don't second guess A[e]IM 's recommendations. |