Chariol Ring And Bracelet

psychological errors that are costly - part 4

This is the fourth article in a series on the psychology of the investor to set the picture type of the rational investor.

The text is excerpted from Mickaël Mangot "6 Mistakes psychological expensive.

" 4. The rational investor and the portfolio review

IR leaves no respite from his wallet. All new information systems are" automatically incoporées its analysis and constantly affect sses assessments.

Once a title no longer appears as the best title to hold for the long term, it is replaced by the title that surpasses him, so that the portfolio remains optimal. Particular attention is paid to what the changes made do not cause an imbalance in the portfolio.

IR is completely insensitive to our investment patterns. It participates in a bullish rally that when it considers that the movement is legitimated by good fundamentals. To do this, it keeps constantly in mind my historical valuation ratios of the market "

Value and Profit: basically 2 things to remember this fourth article


1) what are the objectives of During long-term objectives that should motivate the purchase or sale of a security;

2) stay away from fads and take a step back from the market: good investor in the value you loved, you will base on the fundamentals. Everyone has different indicators: PER history, price / net asset historical dividend yield / government bonds, ... Always be objective and do not be influenced not market trends.