People commonly hold on too long to an investment – you never lose money leaving some profit on the table for the next person
Don’t just accept tips on face value – make sure you check everything before you ‘believe’ an investment tip
Too often people hold onto an investment through loyalty – it was good once. Never let any emotion get in the way of your investment formula.
You’ll always loose money through laziness if you don’t keep an eye on what you have and what you are doing – get off your bum!
Or at least false optimism – often people blindly look for the good news all the time – when realism and financial facts are paramount
Never wallow in what went wrong – learn the lesson and then just get over it.
Which is what people are when they get frustrated that a deal hasn’t come alone – what they do is abandon their financial formulas and jump in blindly – oh dear!