Keep in mind-
• The four most cautious words in investing are “this time its different”.
• Profits always take care of themselves but losses never do.
• What seems too high & risky may go higher and what seems too low & safe may go lower.
• What matters is how much money you make when you are right and how much money you lose when you are wrong.
• There is no short cut to research based decision.
• In the long run only long term wins.
• The art of buying & selling high is mastered over time.
• One of the great secrets of successful investing is discipline. Have a plan and stick to it.
• Always build your cushion. You never really know what’s around the corner.
• Do not let past mistakes scare you to move forward. Just remember not to repeat them.
• A sure shot investment tip does not exist. Always be prudent.
• Knowing your risk appetite before making the plan will be healthy for your portfolio.
