10 Commandments of Successful Investing

10 Commandments you must NEVER FORGET in Investing:

1) I choose to invest rather than let inflation erode my cash

2) I understand compound interest and the importance of having more time and money, to create wealth.

3) I allocate at least 10% of my income to invest.

4) I do not leverage to invest in equity as the market is highly volatile.

5) I know long-term investing works and it will continue to work in the long run.

6) I pay attention to value and not the day-to-day price fluctuations of stocks.

7) I am not emotional when it comes to stock prices, be it up or down by 50%. My emotions are relatively stable.

8) I exercise independent thinking and make decisions based on facts.

9) I think and act the opposite of the majority – contrarian.

10) I have patience.

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