Ten core principles of smart investing:
Principle 1: Don’t put all of your eggs in one basket
Principle 2: If it sounds too good to be true, it probably is
Principle 3: Urgent and only available today = wrong
Principle 4: Follow the money
Principle 5: Buy low and sell high
Principle 6: The balance of risk and reward
Principle 7: Fail to plan, plan to fail
Principle 8: The endowment mindset
Principle 9: Whose money is it?
Principle 10: Fact based on an observation of one doesn’t prove anything
Bonus Principle: Can it be sold?
I’ll be expanding each of these principle concepts to give you a strong foundation to build upon in subsequent posts. If you have questions or would like to talk – reach out to me at Todd@ColwynInvestments.com and let’s set up a call.