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Invest with head and not heart.
in Daily Dose
The more rich people often invest emotionally rather than using brain. They are thus likely to lose about 20%. Read more in the link.

http://in.finance.yahoo.com/news/Invest-head-heart-Barclays-reuters-914046767.html

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

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    That's absolutely true! Emotion in investment matters can be ruinous.One has to guide himself or herself in a detached manner by conducting a sound and indepth analysis before any move is made.
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    Yes,this is very important because for the people who take decisions emotionally are not suitable for investment matters.
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    Yes and what I particularly liked is those who follows structured investment strategy are 12% richer than those who do not...
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    I think one needs to have sound grasp of all forms of investment and a diversified portfolio guards against fluctuations and loss of capital!
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    I agree that grasping the process and thinking wisely both are necessary or else the investment can be a big disaster.
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    Experience has taught me that greed and emotion are the worst enemies for an investor. A majority of investors wreck their future by being victims of greed and unrealistic expectations. I would add one more which is ignorance and unwillingness to learn from mistakes!
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    Invest wisely and earn nicely.That should be the motto of our life.
    Visit my blogs:

    http://abidareacode.blogspot.com
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    when you invest you might use you mind instead of heart.
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