21 Investment Lessons
Here are 21 investment lessons from The Motley Fool writer, Sean Williams. Read the full article 21 Things I’ve Learned as an Investor Over 21 Yearson Fool.com to learn more about each of them.
- Starting somewhere is better than not starting at all
- It’s OK to lose money
- Time heals most losses
- Double-digit market declines are always a buying opportunity
- If it seems too good to be true, it probably is
- You don’t need to be an early bird to catch the worm
- Not understanding margin is incredibly dangerous
- Buy what interests you
- Read the other side of the story
- DRIPs are boring, but amazing
- Wall Street is fallible
- Wall Street ratings and insider trades are often white noise
- Building wealth doesn’t happen overnight
- Short-term capital gains taxes are awful
- It’s virtually impossible to forecast market catalysts
- Next-big-thing bubbles always burst
- Irrationality can outlast your bank account
- The market and the U.S. economy aren’t tied at the hip
- There is no finish line
- Make time for you
- You’re never done learning