I am currently visiting my parents for Christmas in my home town in The Netherlands, where I occasionally meet up with old friends while I am here. Yesterday, I met up with a very good friend of mine, and we started discussing our intentions for 2010, as New Year’s Eve is approaching. Besides the well-known health issues, and our intentions to do more sports, we had a long discussion about money. My friend had recently read a number of books and articles on career making and growing wealth in general, …

Last week I have started writing a series about investing and fundamental analysis. But then it came to my mind, that I had not yet even devoted an article to some of the basics, which I believe would benefits each investor (or upcoming investor). Therefore, I want to take some time now to elaborate my personal golden rules of investing.
#1 - buy low, sell high
Ofcourse! Buying a stock when the price is low and selling when it is high makes sense. But yet, many people buy a stock when it is quite expensive already, or when …

We hear stories about self-made millionaire and people who made it from being a cook to owning a private jet. We often tend to treat such people as ‘being lucky’, or we feel the need to state that they probably had the help of a wealthy uncle or family. Seldom, however, we really try to understand what goes on in the mind of someone who truly ‘made it’, and more importantly, trying to learn from it.