10 Rules of investor control

in #investor7 years ago (edited)

These are the most important investor controls:

  1. Control over yourself

  2. Control over
    i) Income
    ii) Expense
    iii) Asset/Liability ratios => C/F

  3. Control over Management

  4. Control over Taxes

  5. Control over when to buy/sell => delayed gratification

  6. Control over courtage => cost of transition

  7. Control over ETC (Entity, Timing, Characteristics) => Tax, Corporate & Securities Law

  8. Control over terms & conditions => inside

  9. Control over Acces & Information => security

  10. Control over charity

Remember that taxes are the biggest expense for both private and corporate entities.

These are the basic set of rules - study and train them carefully before execution.

Making mistakes is a good way to learn.

Always start with small investments, before trying larger ones.

Small victories and small losses. Learn, get experience.

Aim small - miss small. ;)

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