{"id":1168,"date":"2023-03-30T13:15:59","date_gmt":"2023-03-30T10:15:59","guid":{"rendered":"https:\/\/beatmarket.com\/blog\/?p=1168"},"modified":"2024-03-15T12:22:01","modified_gmt":"2024-03-15T09:22:01","slug":"six-basic-principles-of-investing","status":"publish","type":"post","link":"https:\/\/beatmarket.com\/blog\/six-basic-principles-of-investing\/","title":{"rendered":"Six Principles of Investing"},"content":{"rendered":"
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The “magpie” system means that you grab any shiny thing that comes in your field of vision. If you use this principle to pick stocks, very soon your portfolio will resemble an overstuffed chicken chimichanga.<\/p>\n\n\n\n

It seems like every stock is bought based on a \u2018signal\u2019, trading advice, or an idea, and at first, everything looks fine. But a few moments later the assets shrink in value. The investor loses track of what to hold and what to sell. If this kind of habit is established, there is an obsessive desire to sell everything and start the vicious dopamine cycle again.<\/p>\n\n\n\n

I am approached regularly with this problem. People ask for advice on how to trim down their portfolios. Quote from Buffett on the subject: “the easiest way to solve a problem is not to bring it about.” That’s what we’re going to do now.<\/p>\n\n\n\n

Below I will list six simple investment principles. Put them at the core of your strategy, whether you are a dividend investor or prefer to do something else:<\/p>\n\n\n\n

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