By |2020-04-30T10:52:28-04:00April 30th, 2020|Blog|

Recently saw a list of 14 Things Every Wine Student Should Know. Decided to adapt it…

11 Things Every Investor Should Know
  1. The answer to most questions you have starts with “it depends”.
  2. There are no sure things.
  3. Get comfortable with uncertainty.
  4. Forget about what you “like”. It will not help you learn about or understand investing.
  5. Upside/Downside capture, Alpha, Beta do not matter. Goals and time horizon do. This is one thing about investing I will say definitively.
  6. Do not for a second believe that being talked down to by an “advisor” who you think knows a lot is appropriate or normal. The best people in any field do not do this.
  7. Nothing can do more damage to your portfolio than fear and greed.
  8. Don’t get carried away or too focused on the daily moves of the stock market. Sure, it’s hard not to look sometimes, but see #9.
  9. Your goal should not exclusively be to outperform the market. Keep in mind, however, that many great investors are not just great stock pickers. There’s a lot more to investing success than just picking the right stock.
  10. Always consider what the economic motives of the “advisor” might be.
  11. Popular investment ideas are not always good investment ideas. This does not mean they are always bad either. Flies are attracted to honey, but they are also attracted to s**t.
By |2020-04-30T10:52:28-04:00April 30th, 2020|Blog|

Share This Story, Choose Your Platform!

Stay in Touch

Subscribe to our mailing list to receive our blog updates, company news, and latest

insights on the financial markets. Subscribe now

U.S. Securities and Exchange Commission

Additional information about Concentus Wealth Advisors and our investment advisor representatives is also available online at WWW.ADVISERINFO.SEC.GOV or BROKERCHECK.FINRA.ORG. You can view our firm’s information on this website by searching for Concentus Wealth Advisors or by our CRD number 170052.