Investment Tips

Here are some easy to understand investment tips that may help you put together an investment strategy. These tips or guidelines are by no means the only factors you should consider when making investment decisions, but they may help you avoid costly mistakes.

(1) Do not put everything you own or even most of what you own into any one investment.

(2) Write down all the bad things about any investment before you invest.

(3) Make sure you understand the Product Disclosure Statement [PDS] or documentation related to the investment.

(4) Do your own research!

(5) Have a disaster plan!

(6) Look after your health.

(7) Get expert or professional advice.

(8) Expect to have losses and bad days.

(9) Try and keep a good sense of humour.