Here is another set of basic ideas on money. This set relates to intelligent financial investments. All of them arise out of simple common sense.

• Make an investment plan
• Invest with a long-term perspective
• Save for the rainy day
• Buy value with enough margins of safety
• Assess your risk appetite
• Remember that there is no free lunch
• In investing, it pays to start early
• Choose your portfolio manager with care
• Diversify across asset classes
• Watch your investment portfolio by tracking company performance

Comments are closed.