Sunday, March 18, 2007

5 lessons

I liked these lessons very much...

morals:
Buy businesses, not stocks.
Watch business growth, not rise in stock prices.
The stock market is a serious long-term business, not a make-money-overnight casino.
Don't be fooled by others' so-called success stories.
Time in the market is more important than timing the market.

1 comment:

Muhammad Riyaz said...

Good lessons
>>Buy businesses, not stocks
is what keeping me away from stock market. Business investment has to be a long term commitment - not something to be "traded"