4 ms·
Actually Luigi, you're missing the best and most fundamental rule: 3. Past performance is no guarantee of future returns
by knowtheory 15y ago
Actually Luigi, you're missing the best and most fundamental rule:
3. Past performance is no guarantee of future returns
- hugh3 15y agoPersonally, my most fundamental rule is this: 4. Invest in stuff that has value.
- Jd 15y agoThis is the right strategy (IMO) not only because of near and long-term returns, but because it produces a better mentality. Trend or fad chasing may also produce substantial returns, but it produces scatter-brained people, often addicted to the beeps of their assorted gadgets, and detrimental to their health and well-being and the well-being of those around them. I'd rather be a carpenter in the Catskills making 35K / year and producing beautiful products that enhance life than a Forex trader taking 10x that amount but simply sloshing capital around.
- troels 15y agoDoesn't financial services have value?