Over the years, master investors like Warren Buffett and Peter Lynch have served as role models and inspiration to people to invest wisely.
And i can’t help but notice a few winning habits which are similar to different legendary investors out there.
If you wish to emulate their success when it comes to investing, it pays attention to practise these 5 Golden Rules:
Do Due Diligence
Peter Lynch once said that
“One should not invest in something that he/she does not fully understand.”
Before pulling-out money from your pocket, you should do your homework on the company you are investing in. Take for example – Old Chang Kee.
As a curry puff lover, i frequently patronize Old Chang Kee stalls in the shopping mall. However, when i check out their financial results, they do not paint a good picture as profits are ‘eaten’ up by the