Money Lessons from a decade of disappointment can help avoid pitfalls in future
The best and worst investing trends from the past 10 years, and what they taught us
1. The price something used to be is irrelevant.
2. Have a portfolio that doesnot keep you awake at night.
3. Beware the phrase "relative value".
4. Have the courage of your conviction.
5. There is no substitute to saving.
6. Never confuse a trade with an investment.
7. Daily headlines are less important that long term tred.
8. You cannot time the market perfectly but you can usually value it accurately.
9. Take expert forecasts with a grain of salt.
10. You have to stay in the game.
11. Never confuse the unlikely with the impossible.
From THE WALL STREE JOURNAL Thank you.