1. Treat any asset of significant value as an investment (eg: real estate, cars)2. Avoid going into debt to finance anything that doesn't generate returns (eg: personal consumption) 2. Avoid going into debt to finance anything that doesn't generate returns (eg: personal consumption) 3. Invest based on analysis, not based on hopes 4 Don't take risks of losses you can't afford if the investment goes wrong 5. Educate yourself about investing. Even if you only invest through funds, having some knowledge will help you better choose which fund to invest in.
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