Hi all,
John Templeton died a few weeks ago at the age of 95. Following are his rules of investing which, I think, are pretty good guidance for a lot of areas.
John Templeton died a few weeks ago at the age of 95. Following are his rules of investing which, I think, are pretty good guidance for a lot of areas.
- Invest for maximum total return;
- Invest - don`t trade or speculate;
- Remain flexible;
- Buy low;
- Search for bargains among quality stocks;
- Buy value, not market trends or the economic outlook;
- Diversify;
- Do your homework or hire wise experts to help you;Monitor your investments;Don`t panic;Learn from your mistakes;Begin with a prayer;Outperforming the market is a difficult task;An investor who has all the answers doesn`t even understand all the questions;There`s no free lunch;Don`t be fearful or negative to often.
