Seven Principles of Investment - No.1: Don’t follow the ‘same old’, ‘same old’

I’m sure that you have heard the saying; ‘If you keep doing what you’ve always done, you’ll keep getting what you’ve always got.’ And what you have right now is simply not good enough!

You must be willing to look outside the box and consider new investment options. It’s not that the mainstream investments we have discussed have failed to deliver for a couple of years. They have mostly failed to deliver for twenty years! How long does something have to fail before you say ‘enough is enough’.

We have traditionally looked to the past for guidance about our future. That enables ‘experts’ to claim that “we are just in another cycle”, “keep investing in shares”, “don’t sell”. Sure you stay locked in. You stay stuck in the past and in the right place to be buffeted further by the investment storms that lie ahead.

The coronavirus epidemic is a disaster for the world. There is so much pain and suffering tied up in it. Not to mention the economic shocks that have only just started. But if there is one positive thing that may come from this situation, it is that more and more people are saying we face a new world.

Few of us think the world will be the same ever again. What is likely to emerge are new economic structures, new health initiatives, new ways of meeting, communicating and doing business. I hope that the economic shock caused by coronavirus will help us to leave the past behind, break the ‘traditional’ - but unsuccessful - investment models and look for new investment opportunities that serve us better.

Please open your mind, don’t stay stuck in old patterns. There are many investment opportunities, with low to medium risk, that can produce the results you desire and frankly need.

Read about all 7 principles of investment by downloading our report. The report equips you with the knowledge of how to improve your chances of success and make the most of your investment portfolio.