Years ago I decided to educate myself on investing. Not easy, I assure you, but worth it. I started living off my retirement savings in 2009 and have more savings now than I did then. Never invest in a cause. Look for long term trends and solid companies poorly valued and priced low by the market. Pick your targets and know when to buy, …
Years ago I decided to educate myself on investing. Not easy, I assure you, but worth it. I started living off my retirement savings in 2009 and have more savings now than I did then. Never invest in a cause. Look for long term trends and solid companies poorly valued and priced low by the market. Pick your targets and know when to buy, but more importantly when to sell. And as you age, the most important tactic is capital preservation. You can make more dollars with a large investment base than you can with a small investment base. ESG “criteria” should never enter into an investment decision. The activists who praise you for investing in their cause will turn their backs on you when you lose money and find yourself in a worse position.
Years ago I decided to educate myself on investing. Not easy, I assure you, but worth it. I started living off my retirement savings in 2009 and have more savings now than I did then. Never invest in a cause. Look for long term trends and solid companies poorly valued and priced low by the market. Pick your targets and know when to buy, but more importantly when to sell. And as you age, the most important tactic is capital preservation. You can make more dollars with a large investment base than you can with a small investment base. ESG “criteria” should never enter into an investment decision. The activists who praise you for investing in their cause will turn their backs on you when you lose money and find yourself in a worse position.