Lessons I wish I knew earlier as an investor
I recently laid out my investment strategy. It’s simple. I focus on asset allocation and factors within my control, such as minimising fees and taxes and how much I save. I’ve found that this approach gives me better results than constantly trying to pick stocks.
It’s not a difficult approach to come to, but it is based on years of sound research (in a personal and professional capacity), and understanding the type of investor I am. This only comes after looking in the rearview mirror and knowing when you’ve failed and having the humility to course correct.
I think the journey is an important part of understanding what will make you a successful investor. However, there are some resources that I wish I came across a little sooner….
