Ten investment rules proposed by investment guru John Bogle
🔸Remember the mean reversion rule: The mean reversion rule shows that historical performance cannot predict future performance, and stock prices will eventually return to their reasonable prices.
🔸Time is your friend, impulse is your enemy: Investors should take advantage of time, enjoy the magic of compound interest, and avoid making impulsive decisions due to short-term market fluctuations.
🔸Choose the most correct target to buy and hold for a long time: Rationally allocate assets, choose targets that suit your risk tolerance, and hold for a long time to obtain stable growth.
🔸Have realistic expectations for the future: Distinguish between investment income and speculative income, and focus on long-term investment returns.
🔸Forget the needle and buy the whole haystack: Don't try to find the best performing single investment, but diversify risks and make diversified investments.
🔸Minimize the dealer's commission: Reduce investment costs and reduce financial intermediary fees to increase overall returns.
🔸You can never escape risks: Recognize that investment is always accompanied by risks, and reduce risks by diversifying investments.
🔸Beware of the last war: Don't make investment decisions based on recent data or past experience, the market is constantly changing.
🔸Hedgehogs will beat foxes: Simple investment strategies often outperform complex ones because they are cheaper and easier to stick to.
🔸Stick to the end: Investing requires discipline, patience and perseverance, ignore short-term fluctuations, and stick to long-term investment strategies.