Comments on: Essential Tips For the Struggling Investor – Making Decisions

By: tradingsoftware

tradingsoftware — Sat, 29 Jan 2011 05:47:53 +0000

My process for solving a problem is to look at how others before me faced with the same problem solved it successfully and more importantly look at those who didn’t solve it successfully, what did the winners do and not do? what did the losers do and not do? then you go from there. Then when making your decision on the risk to take, ask yourself “What is the worst case scenerio?” write it down, then if you can handle that scenrio and still be in-tact, go ahead with assuming the risk. That sums up my business and investment strategy.

By: Andrew Hallam

Andrew Hallam — Fri, 26 Mar 2010 10:00:50 +0000

Nice thread–and some good, solid advice. I’ve come to believe that effective investing has little to do with having a high IQ, and much more to do with controlling your emotions. And your emotions can govern, ineffectively, everything relating to financial allocations and decision making.

By: Financial Ramblings

Financial Ramblings — Sun, 21 Mar 2010 13:41:55 +0000

[...] Tips for struggling investors @ The Dividend Guy. Making financial decisions when emotions are involved is always hard! [...]

By: canadian

canadian — Wed, 17 Mar 2010 08:19:27 +0000

well you are right decision making is the most important part of investment all the tools,all the calculations can just assist in that process but at the end it is you that have to make decision.

By: Weekly Links: March 14, 2010 | Dividends Value

Weekly Links: March 14, 2010 | Dividends Value — Sun, 14 Mar 2010 11:17:23 +0000

[...] The Dividend Guy presented Essential Tips For the Struggling Investor – Making Decisions [...]