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12 Investing Quotes to Help You Supercharge Your Investment Returns
Everyone should have a personal investing strategy
Everyone should have a personal strategy for investing based on their own short-term and long-term goals. This will help you make the right decisions to better secure your own financial future.
Whatever goals you hope to achieve, there’s lots of time-proven advice which can make these goals a reality. Here are 12 sage pieces of advice which can help you develop your own successful personal investing strategy.
1. “Never risk more than you can afford to lose.”
All investment opportunities offer a balance of risk and reward. Higher risk investments can provide incredible returns, but they’re also much more likely to go awry and leave you with little of your initial investment capital. The perfect balance between risk and safety will be different for everyone. For example, a 20 year old with no dependents will likely have a much bigger capacity for loss than someone nearing retirement age looking to secure their near-term future.
In all cases, it’s important to never risk more than you can afford to lose. Make sure essentials such as mortgage payments or an emergency fund are taken care of before you start pouring…
