17/09/2009

Investment lessons from last year

Did you learn any investment lessons from last year?

 

The Boston Globe reflects and points us to the basics of investments.

 

  • Diversification works
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  • Rebalance regularly.
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  • Never be hands-off.
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  • Keep it simple.
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  • Be skeptical.
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  • Work longer. (This according to me is vital and all of us should develop a mindset to work longer.)
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  • Maintain less debt, more savings.
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