From the course: Personal Finance Concepts for Everyday Decision-Making

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Create an investment strategy

Create an investment strategy

From the course: Personal Finance Concepts for Everyday Decision-Making

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Create an investment strategy

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- I normally don't use the G word in my line of work because too many people have or continue to get into trouble for using it. But I'm going to use it. I'm going to guarantee that you will be a successful investor if you take what I'm about to share to heart, because I know somebody just frowned. Let me give a disclaimer. I cannot guarantee the investment results you'll get but I'm guaranteeing that you will think and approach investing differently after you hear what I've got to say. So let's start here. This is what generally happens. Things get good. People go crazy, start buying. Then the market drops. Then things get bad. People go crazy, start selling. Then the market goes back up. This cycle will happen forever. Don't get caught up in this cycle. It's easier said than done, but I constantly remind myself and my clients to not do this. This is what you want to do. Things get good. People go crazy.…

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