1). Only invest money you may not need
- Decide your cash needs and set your budget for living expenses
- Only invest extra money you may not need for a while
- Make sound, long-term decisions
2). Set rules for position size
- No position should be more than 4-8% of your portfolio
- It is better to lose opportunity than to lose your money
- Follow your rules – don’t give into temptation
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Six Investing Habits Of Successful Investors
Infographic source: Instavest