Four ideas to help avoid losing money. These are some basic boring strategies to help keep more of your chedda. We have already established that when it comes to investing, boring is good. We like boring, we know consistency is the key to greater return.
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4 key ideas to make more and keep more of your investments.
1) Prevent emotional decisions. Invest in investments that are not liquid, where the investment itself is preventing emotional decisions, because you can't pull it in and out easily. Another way is to make decisions by committee, require someone else to sign off in order to pull money out.
2) Don't sell in a down market just wait it out. It will cycle back.
3) Trust the historical data. Even if you're not a numbers person, just trust history.
4)Set it and forget it. Your money is like a bar of soap. The more you handle it, the less you have.
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