How I Invest
Three easy rules that are proven, simple to understand, and have allowed me to be very successful in not just stocks, but any type of investment:
1) Know what you are investing in well-beyond the ticker symbol or company name. If you are a customer or user of that company's product, even better!
2) Never put all your eggs in one basket no matter how good you think the investment is. NEVER! Not being able to invest in anything on any given day at any given minute because you lack money is the worst situation you can ever be in IMO.
3) I refuse to lose on any investment ever. There are many tools to prevent or elminate losses that include money management, dollar cost averaging, and not being greedy. There are several reference books that teach this but IMO money management is EVERYTHING.