Every year, you made the resolution to become more successful at investing.
How are your results in all these years?
Let me guess, it's not what you wanted.
That's because you've been letting the market work you, rather than you working the market.
In other words, you let market volatility make you change your strategy or sell out at a loss.
Now, what if you can make your resolution a reality this year?
In order for you to get different results, you have to change your strategy!
Doing the same thing and expecting different results is the definition of insanity.
If you want a Roll Royce Phantom like this Rose Phantom, you have to start doing things differently.
Here are some new approaches for you this Year:
1. Break away from conventional wisdom.
2. Stop blaming others. Focusing on how you can improve.
3. Leverage successful gurus like Warren Buffett and Phillip Fischer.
4. Overcoming your fear of volatility.
5. Focus on investing in the bear market rather than trading or running away.
6. Be patient. Have a long-term outlook.
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See for yourself, check my prior article on SA as well as the most current research, available exclusively to IBI members.
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Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.
As a medical doctor/market expert, I'm not a registered investment advisor. Despite that I strive to provide the most accurate information, I neither guarantee the accuracy nor timeliness. Past performance does NOT guarantee future results. I reserve the right to make any investment decision for myself and my affiliates pertaining to any security without notification except where it is required by law. I'm also NOT responsible for the action of my affiliates. The thesis that I presented may change anytime due to the changing nature of information itself. Investing in stocks and options can result in a loss of capital. The information presented should NOT be construed as recommendations to buy or sell any form of security. My articles are best utilized as educational and informational materials to assist investors in your own due diligence process. That said, you are expected to perform your own due diligence and take responsibility for your action. You should also consult with your own financial advisor for specific guidance, as financial circumstances are individualized. That aside, I'm not giving you professional medical advice. Before embarking on any health-changing behavior, make sure you consult with your own doctor.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.