The Three Rules of Investing
- Greg Luken
- Oct 2, 2024
- 1 min read
Updated: Feb 11
What the three rules are and how we use them.
Financial Planning, Market Volatility, Wealth Mindset
Having a plan is key to managing any situation. We know that no indicator is perfect, past performance doesn’t mean Jack, and no strategy guarantees a profit or prevention from loss. A mathematical risk rating helps balance risk by creating a critical exit point for down markets.
Have a Plan for Up Markets. Go with the market when it’s working. Let your winners run.
Have a Plan for Down Markets. Eliminate investment vampires and zombies. Addition by subtraction.
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