How to Make Money Without Losing Your Mind, Part II

This is the second in a series of small lessons I’ve learned. These little tips will seem pretty obvious to anyone who’s used to investing, but might prove useful to others.

Yesterday, we talked about why it’s a bad idea for insomniacs to buy on margin.

Today’s Tip: Don’t Like the Product? Then Don’t Buy the Stock.

If you’ve had some success trading, the most difficult thing to remember is that you really aren’t smarter than everyone else. Even if you really are the smartest person in the whole world, the guy who makes Stephen Hawkings tell his computer to scratch his head for him, you still don’t know more than 50 million other traders