February 25, 2008

Investment tips

Obviously if you are looking for some great investment tips, then maybe you should be rethinking your long term plans, as this is an area where experience and knowledge really counts, it’s not like betting on the Grand National.

So here are some tips that should make you realise what would be involved:

Tip 1: Get advice from professionals.
Tip 2: Diversify.
Tip 3: Study and learn.
Tip 4: Long-term investing.
Tip 5: Know your limitations.
Tip 6: Don’t forget tax season.
Tip 7: Don’t exhibit the traits of one who is addicted to gambling.

There you go, if you expected a tip on the next big thing, well investing just doesn’t happen like that any more, if anyone told you to invest in a certain thing because it was a hot tip, be careful!

Source [Maria Crespino]