Being an investor for about 16 years (I began during the fall of 2008, in the middle of what was then perceived as the apocalypse), I now trust my judgment more than anything else.
Here's a bit of my investment philosophy achieved after these years made of hope and despair.
1- Read as many things and analyze as many stocks as you can to reach as soon as possible the point where you trust your judgment more than any other source of information;
2- Don't trust other investors, don't trust fund managers, don't trust websites except if you triangulate the information by searching many other websites;
3- Invest only in companies that make money and more money year after year (look for stocks where earnings double every 5 years... for instance, between 2013 and 2018, then between 2015 and 2020, and so on...);
4- Invest only in companies where margins are high and ROE is high (if you find a company where margins and ROE are above 20 year after year, you've found a company that is among the 1% of best stocks... however, these stocks are usually pricey);
5- Don't get blinded by investing and money. It's only a tool to reach independance. You'll die and your money won't be useful anymore sooner or later. Also, there is no god, no heaven, no future. So, enjoy life while you're able to enjoy it. Once you're rich, if you're able to help poor people once in a while by buying them food at the grocery store, do it to prove to yourself that you haven't lost your humanity.
6- Look for simple people who don't care too much about money and don't put too much emphasis on investment. These people are more fun. Think about money only when you're alone with your computer and your Excel spreadsheet. Use your money to buy things that make you happy. Do it from 40 years old until the end of your life;
7- Never, ever forget that life brings many unhappy times and unhappy experiences and live your life without waiting for these times to happen. Your portfolio is a tool to be secure and have fun before getting cancer or seeing everyone around you die, one after the other.
CREATION IS finished. Creativeness is only a deeper receptiveness, for the entire contents of all time and all space, while experienced in a time sequence, actually coexist in an infinite and eternal now. In other words, all that you ever have been or ever will be in fact, all that mankind ever was or ever will be exists now. This is what is meant by creation, and the statement that creation is finished means nothing is ever to be created, it is only to be manifested. What is called creativeness is only becoming aware of what already is. You simply become aware of increasing portions of that which already exists. The fact that you can never be anything that you are not already or experience anything not already existing explains the experience of having an acute feeling of having heard before what is being said, or having met before the person being met for the first time, or having seen before a place or thing being seen for the first time.
RépondreSupprimerThe whole of creation exists in you, and it is your destiny to become increasingly aware of its infinite wonders and to experience ever greater and grander portions of it.
If creation is finished, and all events are taking place now, the question that springs naturally to the mind is "what determines your time track?" That is, what determines the events which you encounter? And the answer is your concept of yourself . Concepts determine the route that attention follows. Here is a good test to prove this fact. Assume the feeling of your wish fulfilled and observe the route that your attention follows. You will observe that as long as you remain faithful to your assumption, so long will your attention be confronted with images clearly related to that assumption. For example; if you assume that you have a wonderful business, you will notice how in your imagination your attention is focused on incident after incident relating to that assumption. Friends congratulate you, tell you how lucky you are. Others are envious and critical. From there your attention goes to larger offices, bigger bank balances, and many other similarly related events. Persistence in this assumption will result in actually experiencing in fact that which you assumed.
The same is true regarding any concept. If your concept of yourself is that you are a failure, you would encounter in your imagination a whole series of incidents in conformance to that concept.
Thus it is clearly seen how you, by your concept of yourself, determine your present, that is, the particular portion of creation which you now experience, and your future, that is, the particular portion of creation which you will experience.
The Power of Awareness
Neville Goddard