The best lessons are learned the hard way.
That’s just the way life goes.
One of the most important things I’ve come to understand about markets, and life, is that you have to worry about yourself first, you have to take care of your family first, and then you can go out and help others.
If your own house isn’t in order, not only are you not able to help other people, but you may actually do more harm to them than good.
Depending on where you are in your life, that perspective may change. But in the market, as an investor, there are no exceptions!
You’re only in it for numero uno.
Just to be clear, if you’re in the market for ANY other reason other than to make a profit for yourself, then you are unbelievably confused. [Read more…]