12 Basic Stock Investing Rules Every Successful Investor Should Follow(6)

11. The worst thing an investor can do is take a large loss on their position or portfolio.

Market timing can help avert this much too common experience.

You can avoid making that huge mistake by avoiding buying things when they are high.

It should be obvious that you should only buy when stocks are low and only sell when stocks are high.

Since your starting point is critical in determining your total return, if you buy low, your long term investment results are irrefutably better than someone that bought high.


12. The most successful investing methods should take most individuals no more than four or five hours per week and, for the majority of us, only one or two hours per week with little to no stress involved.



By C.C. Collins