Investing Rule of Thumb

So many choices with not enough to go around. Don`t complicate it with more than you can watch. Buy only what you know well. Find a reasonable and rational return and know when to become defensive. No one can time the bottom and top exactly. Stay within a comfort zone and set up steps as a approach and never break those rules of steps. On simpler terms with anything there are steps with safety whether it be backing your car out or preparing for a flight as a pilot. The destination is your goal. Never break those rules. Charting stocks is like comparing what you want to purchase. Use multiple charts the way you would with purchasing special coins. That is a realm of simplication. Stocks are more complicated than coins in my optinion but they are important as a growth tool. Know that there are cycles sometimes volatile moves and the length of those cycles. Housing can be the same, don`t buy at the top of a cycle, same with stocks of that ending cycle year as a rule is near. Watch out if they are on a hill. Make sure if a bargain appears that there is no real hazard underlieing the potential of your investment. Unless your a professional it`s best to purchase ETF`s or funds that are professionally handled and very well diversified where their largest holding won`t bring down the others in the fund. Know that there are differennces in the same sector, one may bennifit from lower oil prices for example. Some businesses may be more vulnerable in cycles than others and not have as healthy balance sheets. The market in general is smarter than most of us individuals and takes years to get a decent grasp on it.

So with coins ( my favorite ) the same rules apply. Check, check, set steps up and don`t break those steps as a rule. To me coins especially newly minted ones from the official mint are not as complicated as the stock market. Amatures can step in easily if they use a trend and recognize what will fancy others collectors and investors.