Investing Lesson 7 – 20 Investing Lessons

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Lesson number 7 – Don’t be a blind dog in a meat house. You might have heard coaches say “you know, don’t chase the play” or you might have seen dog trainers really work hard with their recruits so that the dogs don’t chase any shiny object. In investing it’s really the same thing, you don’t want to turn into this person that’s trying catch everything. The only way to not chase in investing is to develop your own philosophical framework base on your own personality traits. You might be laid back or really amped up, so You might be long term investor or a day trader. So the philosophical framework will help you square up or make fit the information that you are gathering or reading. When you are reading it, try to read it as if martian, brand new visitor to our blue planet. You don’t have any preconceived notions. You’re not trying to make it fit into the slant that you already have. It’s really hard to do because we as humans we have preconceived notion. So remember to avoid being a blind dog in a meat house on your path to financial freedom, the idea is to create your own philosophical framework so you don’t end up chasing.

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