On Wed, Jul 8, 2015 at 9:37 AM, Robert Houle wrote:
Friends don't let friends die broke. Teach them to invest.
raka maka on
Rule no. 1 : ???
Rule no. 2 : Follow whatever rule no. 1 !!!
-----Original Message----- From: laurie@bivio.biz Sent: Tue, 7 Jul 2015 18:42:44 -0400 To: club_cafe@bivio.com Subject: Re: [club_cafe] Your Iinvestment Philosophy in 10 words or less
Good topic Mark.
This works well for me:
Select quality and value, have patience, do not waste money.
Laurie Frederiksen Invest with your friends! www.bivio.com
I especially like the one from Chris Davis, but he missed the BI principals:
Invest regularly, re-invest earnings, invest in growth companies and diversify.
What are your 10 words?
Laurie Frederiksen on
It sounds like you need to spend some time as a member of an investment club so you can learn more about investing. That is the reason most of us have joined clubs and many of us have been members for many years.
While there is some luck involved with investing, I think this list includes many people who would tell you that Rule no. 1 is no longer ???
Laurie Frederiksen Invest with your friends! www.bivio.com
On Thu, Jul 9, 2015 at 10:41 AM, Toucalit Benton wrote:
Those who understand interest earn it, those who don't pay it.
raka maka on
rule no. 1 : ???
???= don't loose money(Warren Buffett)
rule no 2: don't forget ???
I think my post was bit cryptic for this forum.
thanks
-----Original Message----- From: laurie@bivio.biz Sent: Thu, 9 Jul 2015 10:50:27 -0400 To: club_cafe@bivio.com Subject: Re: [club_cafe] Your Iinvestment Philosophy in 10 words or less
It sounds like you need to spend some time as a member of an investment club so you can learn more about investing. That is the reason most of us have joined clubs and many of us have been members for many years.
While there is some luck involved with investing, I think this list includes many people who would tell you that Rule no. 1 is no longer ???
Laurie Frederiksen Invest with your friends! www.bivio.com
I think the point of that quote is capital is the scarcest of all resources and you need to protect it. Don't put your capital at risk on flyers. You need to make sure that your risk/reward of any asset you are investing in is in fact heavily tilted in favor of more reward than risk with conservative estimates to give you a margin of safety. Lost capital can not be replaced.
-----Original Message----- From:laurie@bivio.biz Sent: Thu, 9 Jul 2015 10:50:27 -0400 To:club_cafe@bivio.com Subject: Re: [club_cafe] Your Iinvestment Philosophy in 10 words or less
It sounds like you need to spend some time as a member of an investment club so you can learn more about investing. That is the reason most of us have joined clubs and many of us have been members for many years.
While there is some luck involved with investing, I think this list includes many people who would tell you that Rule no. 1 is no longer ???
Laurie Frederiksen Invest with your friends! www.bivio.com