1 Smart Trick That'll Make You a Better Investor Instantly
You need every edge you can get to succeed in investing, and sometimes it's the simplest tricks that get the most mileage.
So here's one incredibly smart trick that you definitely need to know: Don't look at the price of a stock before buying it. Price simply doesn't matter, whether it's a penny stock or something priced upward of $1,000 per share. Here's why.
Imagine you're a buyer in a market for non-standardized bars of gold, which you expect to become more valuable over time due to the metal's scarcity. Sometimes a 1 oz bar of pure gold might sell for $1,200, and other days, the same 1 oz bar might cost you $1,400 or more. To complicate things, the bars for sale are often of varying weights.
Source Fool.com
