Invest with Your Head, Not Your Heart
- Buy or sell based on feelings instead of research–this is the same as gambling.
- Put off starting an investment program–the earlier you start, the more you’ll accumulate.
- Get paralyzed by information overload–pick a few reliable sources; you don’t need to read everything.
- Ignore the need for discipline–start an automatic investment plan today.
- Become impatient for results–investing is like building your own house; you don’t want to cut corners because you’re going to have to live there.