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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 is a seasoned market analyst and professional trader with more than 37 years of global experience. He is one of very few experts to correctly see both the dot.bomb crisis and the ongoing financial crisis coming ahead of time - and one of even fewer to help millions of investors around the world successfully navigate them both. Forbes hailed him as a "Market Visionary." He is a regular on FOX Business News and Yahoo! Finance, and his observations have been featured in Bloomberg, The Wall Street Journal, WIRED, and MarketWatch. Keith previously led The Money Map Report, Money Map's flagship newsletter, as Chief Investment Strategist, from 20007 to 2020. Keith holds a BS in management and finance from Skidmore College and an MS in international finance (with a focus on Japanese business science) from Chaminade University. He regularly travels the world in search of investment opportunities others don't yet see or understand.
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?
[…] "Fiscal Hangover" Book Excerpt: The 10 Rules for Successful Investing. […]
You are doing a great job, keep doing the good job by educating us more.I really appreciate this.Thanks and God bless you.