Brian Gambuzza’s Reviews > The Intelligent Investor > Status Update

Avoid high-risk, popular, or speculative assets rather than just picking winners. Focus on avoiding new issues (IPOs), poor-quality bonds, and high-priced "growth" stocks.

To earn higher than average returns, you must take extra risk, and you must commit additional time and effort. There is never a shortcut.

Buy common stocks for inflation protection. Do your research and select financially stable companies with positive history in dividends and profit. Low cost index funds are a good way to diversify your stock component in your portfolio.

Dollar-cost averaging (investing a fixed amount of Monday at predetermined intervals) builds long term wealth. Most of all listen to yourself, not others.

Being a defensive investor is all about sticking to your split: 50-50 between stocks and bonds. Focus on safe, high-grade bonds and positive earning stocks. Stay diversified for stocks. A good call these days would be to invest in index funds.

Figure out your goals and commit your time and energy to do the research. The ultimate goal isn’t freedom from effort; it’s freedom from worry

The stock market has a history of ups and downs, and one thing for certain was that nobody was certain of these movements. Past data demonstrates that high prices often lead to low future returns, while low prices precede high returns.

Build emotional discipline, avoiding the trap of acting on short-term market euphoria or panic. You will exert much more controlled by accepting how little you can control.

Understood the differences between an intelligent investor and a speculator. Invest as an endeavor.

Protect yourself and your portfolio against inflation. Defend against it. There are many ways to insure against inflation: gold, I bonds, inflation-linked bonds, stocks, bitcoin, commodities. In the end, a big slur of inflation-protected bonds can build your financial capital into a stronger shield.