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[Editor's Note: This essay is adapted from "Fiscal Hangover," which will be published on Monday (Nov. 16).]
With all the financial woes in the global economy, the worst thing an investor can do is to "freeze up." With all the ups and downs in the market, it's all too easy for investors to allow their emotions to take control. That's when the smallest mistakes turn into the biggest mistakes.
There's one antidote for this problem … remembering a few basic rules. Just embrace the 10 ideas that follow and you'll be in line to make some serious money in the months ahead.
About the Author
Keith Fitz-Gerald has been the Chief Investment Strategist for the Money Morning team since 2007. He's a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to heading The Money Map Report, Keith runs High Velocity Profits, which aims to get in, target gains, and get out clean, and he's also the founding editor of Straight Line Profits, a service devoted to revealing the "dark side" of Wall Street... In his weekly Total Wealth, Keith has broken down his 30-plus years of success into three parts: Trends, Risk Assessment, and Tactics – meaning the exact techniques for making money. Sign up is free at totalwealthresearch.com.
Good ten point program. And, equally good to read yet once again. #2 is always a difficult disciplilne and all too often #5 is forgotten in a frenzy of excitement.
The 10 Rule Succsessful Investment I have read but it is
difficult to put in action.
yes
looking for takeover or investor
vera
I am relatively new to the Money Map Report and investing on my own and I am a little confused on a couple of points. Rule#5 suggests to buy stocks that offer high yielding dividends although many of the stocks recommended recently have very low div.if any at all.
Secondly,Rule #7 suggests to but stocks with a low P/E ratio yet Money Map has been very high on stocks with high P/E ratios such as KMP,SQM,NEM,etc.Can someone help me out here?
You are doing a great job, keep doing the good job by educating us more.I really appreciate this.Thanks and God bless you.
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