The 10 Things that ALL Investors should Know

The 10 Things that ALL Investors should Know

Great Quote — “2. There’s no such thing as a ‘hold’.  In an investment landscape in which there are many investments from which to choose, there should be no such thing as a hold recommendation. Treat your portfolio like something that you are re-buying every time you review it. Subject to some key tax and liquidity considerations, keep investments that you would buy if you didn’t already own them. Buy investments that you want but don’t have. And sell investments you own that you wouldn’t buy if you didn’t already own them.”

Note: This reminds me of the Reality Show called The Liquidator’ where the fellow says “you can’t fall in love with your inventory”.