3 Secrets Every Wealthy Investor Knows
Investing is like an art form: Each person has a lot of latitude to build a unique portfolio that reflects who they are and what they want. But there are still some basic principles that just about everyone follows.
When it comes to investing, these principles can mean the difference between growing your fortune and losing it, especially in volatile times like these. Here are a few of these key rules to keep in mind, whether you're a seasoned or beginning investor.
A lot of people have watched their investment portfolios plummet this year, and that naturally causes anxiety, especially among retirees who count upon their investments to help fund their living expenses. But making hasty decisions, like selling a bunch of stocks in an attempt to stop the bleeding, could make your problems worse in the long run.
Source Fool.com