Do you truly know why you make the investment decisions you do? Many of them are based on mainstream beliefs but how much do you know about where they are rooted? Are you following these laws of investing (knowingly or not)? This is part two of that discussion.
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Today's rundown:
1:14 - “The Laws of Investing” has many topics worth considering based on a number of theories about investing.
2:15 – Law #3: Career realities create a mismatch between cash flow and time horizon.
4:16 – Law #4: People with different time horizons and different goals want different things from the same asset.
7:16 - Law #5: Luck and risk are the opposite sides of the same coin but we treat them differently.
11:18 – Law #6: The biggest risk is always whatever no one is talking about.
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