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Summary: There are a number of investing principles that an individual should follow in order to be successful, and these include setting objectives, staying in familiar industries and paying attention to changes in law and tax law. Discover what the rest of the 10 principles of investing are with help from a portfolio manager in this free video on money management and personal finances.
Roger Groh is the founder of Groh Asset Management. He manages portfolios for many types of customers, including customers seeking growth, income, stability or international customers.read more
"Are you about to invest in the stock market? Hi, this is Roger Groh with Groh Asset Management. We've developed a list of 10 golden rules that we think make an awful lot of sense to pay attention to. Number one, set it as an objective that you want to make money. Number two, whatever you buy, verify it before you buy it. And number three, stay in industries that you know. Either you buy their products or you work in those industries so that you can really understand what's going on in the businesses that you're buying into. Number four, know what's going on from a macro point of view. Number five, pay attention to changes in the law and tax laws. Number six, keep verifying, especially earnings and growth after you've purchased your company. Number seven, cut your losses when things don't go well. Number eight, think globally. Number nine, think growth businesses. And then number ten, think growth countries. Hope that helps. If you want more information, feel free to email or call us. I'm Roger Groh of Groh Asset. Thank you very much for spending time with me."
eHow Article: What Are the 10 Principles of Investing?