I’ve been an investor for a long time, and over these years I’ve learnt many lessons. Some were very painful, and some less so. Here are a few of them, which will hopefully help you to improve your investment performance. With some overlap, they fit into the two simple categories of what to do, and what not to do. Unfortunately, I don’t always practice what I preach, and often have to learn the same expensive lesson over and over again.
Things to do
One of the first things to do is to decide how much time and effort you’re willing and able to devote to investing.