Five Keys to Investing Success

by Tarik Pierce on November 12, 2006

successful investing

I found these keys to investing success written by the editors of Kiplinger’s.

Here’s the list as follows:

First Key: Make Investing a Habit

Second Key: Set Exciting Goals

Third Key: Don’t Take Unnecessary Risks

Fourth Key: Keep Time On Your Side

Fifth Key: Diversify

Just a few comments:

  • I always try to invest at least $50 every month no matter what the circumstances are. By investing regularly and often, we greatly improve the time value of our money.
  • Exciting goals are a must. I often get very excited about my monthly and yearly goals which helps me stay focused. If we take a sense of pride about our investing, then we’ll strive harder towards our goals.
  • This article only serves as the foundation to successful investing, we learn more with experience.

If you enjoyed this article, please subscribe to our free stock market newsletter and receive a 10-day email course on successful stock market strategies

{ 1 trackback }

Invest in What You Know - Timeless Insights from Warren Buffett
September 4, 2007 at 6:04 am

{ 0 comments… add one now }

Leave a Comment