Trader
Well, after that last issue I was starting to feel a little guilty…
I was wondering if I was being a tease!
I did leave you with a bit of a cliffhanger, and said I’d send you another Secret of Independent Value Investing in this issue.
But I don’t want to think that I’m just stringing you along… I mean, I’m sure that you might be saying:
“So when is he going to get to the point?!”
Well, I don’t want to get accused of being a tease for two issues in a row, so let’s get right into it to the five secrets of success in stock investing…
I’ve decided to lay them out all at once!
First, however, I am going to warn you that these might sound overly simple… maybe it even sounds so simple that you will wonder what all the “Secrets of Independent Value Investing” fuss is about.
This is the deal - I like to start off with the 10,000 foot view first and then zoom in on the details. In other words, first comes the big idea… the overall plan… the roadmap, if you will.
Once you have the big plan, then you have a focus.
And focus (along with follow through) is the thing that will take you further than you can dare dream right now.
OK, here we go… I’m going to list all 5 secrets right now. So, here they are…
1. Find The Right Company 2. Buy At The Right Price 3. Do Your Homework 4. Be Disciplined 5. Sell At The Right Price
Got it?
Sounds simple doesn’t it? Maybe a little TOO simple?
And how is this different than “buy low and sell high”? I mean, duh!
Don’t worry, there are LOTS of details to fill in.
— ASIDE - If you want to cut right to the chase and learn EVERYTHING that I know right NOW… then read THIS:
http://www.independentvalueinvestor .com/MultiplyYourMoney.html —
For example, on #1 - “Find The Right Company” I have 9 different factors that you first NEED to consider before you even think of investing in a company.
And those are just the main factors. That doesn’t even count a whole bunch more tips, techniques, and resources I will give you to actually research these companies yourself!
As an aside, this is something that stumps a whole lot of people. I am constantly hearing from people who can’t figure out where to find these great companies to invest in.
Well, believe me… I have been there - it took me forever to find this out myself…
OK, there is one other thing I want to mention to you right now. I want to give you one of my true keys to success… modeling other successful people.
I truly believe that success leaves clues, and if you find a truly successful person, there is much to be learned by observing that person’s habits, traits, and techniques.
It is amazing what you can learn.
And now I am going to let you in on a little something…
You know those five steps I gave you up above? Well, it’s exactly what I do in my own investments every single day. So, I’m not just talking the talk — I’m walking the walk…
That’s it for now. I think I’ll need to extend this course to make sure you are getting enough information for this to Be useful for you…
I want to make sure you’re finding value in this, so let me rethink ending this after the next two sessions…
How about this? In our next issue we will hit #1 - “Find The Right Company”. And we will hit it hard.
Take care, Mic
P.S. Please tell me what you think so far… send me email at micfarris@independentvalueinvestor.com.
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