The investing basics that underpin success

The internet can swamp the best of intentions. When you want to know how to do something, there’s nothing like 274 million Google hits to make you think that you’re never going to find the time. And now AI has ‘entered the chat’. This technology is the most powerful frontend to the library of everything there is to know about anything that we’ve ever seen. The only snag is the librarian can’t entirely be trusted, and they never seem to stop talking… However you try to drink from it, this fire hose of human knowledge can quickly become a water cannon. Yet one of investing’s oft-neglected truisms is that the important stuff is actually very simple. If you get the basics right and resist the urge to ‘optimise’ before you even know where to start, then you’re likely to do just fine. Know why you’re doing it Are you investing: For retirement? For financial independence? To pay off a mortgage? For your kids? To grow a nest egg? Is investing success critical to your future happiness? Or…

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