Investing Principles
INVESTMENT PRINCIPLE
A good investor should consider the following 7 Principles of investing for better investment returns:
PRICIPLE ONE
Think Big, Define your Financial Goals and Invest Regularly
PRINCIPLETWO
The 3 pillars of wealth creation:
Asset Allocation, Diversification and Time
PRINCIPLE THREE
"Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't, pays it." - Albert Einstein
PRINCIPLE FOUR
Do not save what is left after spending, but spend what is left after saving - Warren Buffet
PRINCIPLE FIVE
Expect Volatility and profit from it via regular investing
PRINCIPLE SIX
Frequent reviews do not help improve your returns
PRINCIPLE SEVEN
The biggest risk of Equity is not investing in it.