Research and due diligence as they say are invaluable tools when it comes to putting your hard earned moolah into a venture. I always listen to my peers, or those in the know, as well as using my gut instinct but from now on there is a mantra i will be remembering over all others. It is simple, commit it to memory and you wont go far wrong as you strive towards creating your personal pension, or enhancing your portfolio or just want to get stinking rich. It is the personal credo of one of the worlds richest men and shrewdest businessman Warren Buffet and it goes something like this.
When embarking on a venture either as investment, speculative borrower, setting up a business just follow these 3 main points and you will NEVER go wrong. They are in no particular order
1. DONT LOSE MONEY
2. DONT LOSE MONEY
and last but not least
3. DONT LOSE MONEY.
I think I get Warrens drift and after his lifetime of global risk taking I think he knows what hes talking about so Thanks Warren thats definitely made things a lot clearer for all of us!!
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