Sunday, July 15, 2007

Core Investment Principles

Let’s start from the big 3 principles.


Here they are, the insight some financial planners would charge you loads of money for:


1) Diversification
2) Regular investing



I’ll save the 3rd for my next blog ;)


Yes I know. Most likely you’ve heard of them, perhaps even quite often. It’s just like if you ask doctos how you can improve your health, the top answers are often close to “eat a balanced diet,” “exercise regularly.” The third one vary, but it could be something related to mental health. Yes you KNOW the core principles. But why are you not doing them?


I will actually use the physical health example now and then in my blog, because I believe (and most would agree), in order to live a happy life, you need to have good physical/mental health and good financial health.
So read on. Let me motivate you to do the good things for yourself and others. I’ll give you tips to make the “IMPLMETATION” a bit easier. And of course, suggestions and comments are welcome — this wisdom thing is work in progress!


This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice. Individuals who wish to invest in retirement plans should contact their tax and financial advisors regarding their specific legal or tax situation.