The Seven Deadly Investment Sins

Investment success lies in your mental habits and strategies. below shows the winning investment habits that led Warren Buffett and George Soros and ALL successful investors to phenomenal success .

1. You have to predict the market’s next move or economy to make big returns.

2. To make big investment profits you have to take big risks.

3. Listen to your financial consultant to diversify your investment to lower your risk.

4. You just focus on the profits you expect to make.

5. Get your tips before invest in order to buy the right share at the right time.

6. Read through academic theories and research reports by investment experts.

7. Believe that you know the market movement well and your returns from investment will soon prove it.

I just bought a book writen by Mark Tier (I bought a Chinse Version). It's great! It seems like what I have been practising so far has been categorized in the Deadly Investment Sins. It just fly in the face of the conventional investment wisdom. Spend some time to read the book, it tells more.

Do share your perspectives on these.

If interested, URL: http://www.inversebooks.com.