Wednesday, March 18, 2015

Observations Of An Individual Investor.

After more than three decades of investing I have made a few observations along the way. Beginning with my earliest experience of purchasing stock as a teenager these observations have helped guide me as I sought to achieve financial independence.

Sometimes I had to learn the hard way. Other times I benefited by learning from the successes and mistakes of others.

I have noticed these observations apply not only to my investing thought process but have applications in other areas of my life.
To get started, you have to start! Today is better than tomorrow. Too many tomorrows turn into yesterdays with no action taken.

It’s never too late to start. Ten years from now will you regret not having started ten years ago?

A loss is not reason to quit just as a win is not reason to rest.

Keep a level head and try to stay on an even keel.

Consistency is key. Do something to move forward no matter how small of a move it may be.

Keep the long term goal in mind but enjoy the journey.

The crowd is not always right. Trust your judgment.

In investing, as in life, try not to complicate things. Simple often works best. And if it is working stick with it.

More thoughts and ramblings on twitter @MattBellWrites

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