Rule No. 1 – RESPECT THE MARKET
Investors should know that investment markets are not always rational.But there are numerous examples of investors who though they were better than the market.In fact sometimes market can stay irrational for longer than you can stay solvent .In other words you may even have a view that ultimately things are all right but could end up losing a lot of money if you get the timing wrong.For many this means the best approach to investing is to adopt and follow a long term strategy consistent with one objectives.
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