Ten Timeless Tips For Wealth Creation(11)

Buy low, sell high


Why learn the hard way by losing your hard-earned dollars making the same old common investing mistakes.

It's much better to learn from the experience of thousands of investing professionals over the last 100+ years.

Here are the top ten timeless investing tips



10 Buy low, sell high.


If you follow dollar cost averaging, you are naturally buying more stock when prices are low.

Now all you have to do is follow its corollary - whenever any of your investments appreciates to more than 5% of your portfolio value, sell off enough of that winning investment to bring it back down to 5%.

This discipline has the wonderful effect of forcing you to sell some of your winning stocks when they are high, locking in your gains and sticking to your diversification principle.



By Mitch Mueller