Wednesday, March 23, 2011

Seven Immutable Laws of Investing

I came across this in an article. Although I have came across this many times before, I still thought that it will be a good idea to put it in here so that I can constantly remind myself especially when my fingers get itchy.

I have loaded SIA, SriTrang and Mewah last week during the Fukushima nuclear scare. Also unloaded my SGS Bonds ssince I got the interest payment and the yield shot up recently. I will consider going in again if the yield drop to reasonable level.


The Seven Immutable Laws of Investing.

1. Always insist on a margin of safety
2. This time is never different
3. Be patient and wait for the fat pitch
4. Be contrarian
5. Risk is the permanent loss of capital, never a number
6. Be leery of leverage
7. Never invest in something you don’t understand

1 comment:

  1. Hi,
    May I add,
    Don't invest with money you need for something
    within 3 years. It's the best you don't need the money as long as the market is against you.
    Learn as many investing principles as possible and try to apply it every time you invest. i have failed to do it sometimes. i hope you won't.
    Cheers.

    ReplyDelete