7 Rules of Investing

An overview of the 7 rules that apply to investing

invest-books

  1. Always know what income you are working for
    • Earned income (salary)
    • Portfolio income (paper assets, stocks, bonds)
    • Passive income
  2. Earned Income > Passive Income + Portfolio Income
  3. Keep Earned Income secure by buying securities that converts earned income to Passive + Portfolio Income
  4. The Investor is really the Asset & Liability
    Invest in something that can be fixed that the crowd also likes (niche)
  5. A true investor is prepared for whatever happens
  6. If you are prepared (education + experience) & you find a good deal, the money will find you or you will find the money (All about people, people, people)
  7. The ability to evaluate Risk & Reward (Education + Experience + Excessive Cash
    (This allows you to afford losing & still profit from the lost!)

MyPF
Follow Us

MyPF

Admin at MyPF
Helping you to simplify and grow your Personal Finances.

Follow MyPF.my to get the latest Personal Finances updates and insights!
MyPF
Follow Us
MyPF

MyPF

Helping you to simplify and grow your Personal Finances. Follow MyPF.my to get the latest Personal Finances updates and insights!

Leave a Reply

Your email address will not be published. Required fields are marked *

MyPF.my