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The 25 Habits of Highly Successful Investors
Book

The 25 Habits of Highly Successful Investors

How to Invest for Profit in Today’s Changing Markets

Peter Sander
Platinum Press, 2013

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7

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Recommendation

Developing sound investment habits increases your odds of making profitable decisions. Financial writer Peter Sander focuses on the sound habits involved in “value investing.” While learning and applying good investing habits take practice, Sander offers a helpful guide for beginning investors who need a framework for navigating today’s complex investments. Sander distills core value-investing ideas and analytical methods into focused applications – habits – any beginner can apply. While never giving investment advice, getAbstract recommends this easy-to-understand primer to novice investors seeking a lucid introduction to value investing.

Take-Aways

  • Buy a stock as if you are buying an entire business.
  • To understand the business you are buying, examine a range of factors, including management, brand appeal, financials and logistics.
  • Sell a stock when you find a better alternative, including liquidating and taking cash.

About the Author

Peter Sander’s books on investing and personal finance include the 100 Best Stocks series, Value Investing for Dummies and 101 Things Everyone Should Know About Economics.

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    V. B. 2 years ago
    General tips are good. Following these will take some time by these are worth practicing. Investing wisely in stocks is a great skill, but it yields fantastic returns if mastered. Every one should learn these skills to lead a finacial free life asap. Avoid greed at every stage, and set realistic targets to build and retain wealth. Make your life simple and keep your needs and desires in control. Do not compare your wealth with others. Be happy what you have built and manage to live peacefully and happliy in that.