10 ways for investors to be more boring —and successful
While it might be tempting to invest using some unorthodox strategies, consider reigning in the impulse. The truth is that the more mundane and proven methodologies work better in the long-term and should be embraced. Some things to keep in mind are: Don’t try to outsmart the markets as most stocks are fairly priced. Past performance isn’t necessarily an indicator of future performance. Selling too early is a common misstep so invest for the long-term. Remember that there are proven factors to help achieve a good return on investment. Diversification, avoiding market timing and not investing based on emotion are all ways to invest better and achieve a better return on your securities. In short, it is not necessary to remake the wheel and there are guidelines in place that are proven and will make investing easier.