Avoid Digging Yourself Into an Investment Hole With These TipsStand by these fundamental investing rules when picking and choosing companies.
ByPhil Town•
Opinions expressed by Entrepreneur contributors are their own.
In this video, Entrepreneur Network partner Phil Town lays out a few guidelines to keep you from making poor investments.
It can be helpful to know when a stock is overpriced. Even if you understand a lot about a product, but you pay too much, you will not have a smart investing career. This can be boiled down to knowing the difference betwen price and value, or realizing that a price is an arbitrary measurement and may not be indicative of real value.
Town underscores the need to always stay rational. Emotion is the enemy of smart investing. To be a smart investor, you have to stay smart amid price swings.
Town also recommends buying companies on sale. Fortunately for investors, the market is not always rational. Oftentimes, investors will jump on a particular company simply because the rest of their investing peers are doing the same. Pay attention to companies that are well-priced and hold potential.
Click play to hear more investing fundamentals from Town.
Related:三件事你应该考虑在投资之前,我n Tech Stocks
Entrepreneur Networkis a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.
EN is partnered with hundreds of topYouTube channelsin the business vertical. Watch video from our network partners on demand onRoku,Apple TVand the Entrepreneur App available oniOSandAndroiddevices.
Click hereto become a part of this growing video network.