This week I am writing a five part posting on general investing. I used to have my series 7 and 66 brokerage licenses and have managed my own investment accounts for about 18 years. There are many ways to find stocks, bonds and other assets to invest in – investment newsletters, research services, your brother in law, etc. but the most important item is to protect your investments so that you minimize losses and let your winners run. The old addage of buying low and selling high is so obvious we usually pay it lip service, but it is amazing how many people don’t really follow it. In Part 2 tomorow I will talk about general asset allocation and industry diversification – ways to help prevent a disaster in one particular area to kill your portfolio. See you then.
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