Key Basics for Successful Investing


[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]

We had burned our fingers when we first invested in the stock market. Though we were green horns we did not spend sufficient time and energy to understand the basics towards successful investing. Like every one else we were in a hurry to make quick money by trying to time the market.

But lady experience had her lessons. And we had to learn. We lost money (thousands of dollars) and that forced us to pause, reflect and study. After methodically studying the investing process and observing our mistakes we began to invest wisely. In the process we wrote "Our 7 Mutual Fund Investing Mistakes."

Today while browsing Motley Fool (fool.com) we found a comprehensive guide covering some important fundamentals about investing. It's a good read for newbies starting out on the journey to successful investing.


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