Use your common sense in investing? When comes to investing your money, the GREED can overcome all your senses and common sense can go down to the drain. Just remember this: when someone promises you LOW RISK AND HIGH RETURN or GUARANTEE you GOOD RETURN.
There is no need even for common sense. You only need to remember Warren Buffet's No 1 Advice and then run quickly.
Warren Buffett, the man known as the "Oracle from Omaha" because of his history of successful investments, shared his top three pieces of advice for average Americans who want to grow their savings and keep their money safe.
Number one: "If it seems too good to be true, it probably is."
Number two: "Always look at how much the other guy is making if he is trying to sell you something."
Number three: Don't go into debt. "Stay away from leverage," he said. "Nobody ever goes broke that doesn't owe money."
Investment Idea: City Developments Limited - We would just like to thank everyone who participated in last night’s InvestingNook LIVE Webinar. Many who were unable to attend requested for a replay of ...
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