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Authors Danny Vena

7 days 30 days All time Recent Popular
Danny Vena
Danny Vena
@dannyvena
1) There are several secrets to becoming a successful #investor and most are hiding in plain sight.

2) This many sound like a cliché, but it hides a simple truth: buy quality companies. When I started #investing, I didn't feel like I could identify quality, so I bought a subscription to @TheMotleyFool and let them do the heavy lifting.

3) I paid $199 per year each for @TheMotleyFool #StockAdvisor and #RuleBreakers subscriptions. They have paid for themselves MANY times over.

4) Another obvious strategy that FAR too many #investors ignore is that "winners keep winning." "That one got away from me, and now I'm waiting for a pullback" has probably lost investors more money than every pullback combined.

5) To put this into practice, I look at the recent list of @TheMotleyFool recommendations and see which #stocks have put up double- or triple-digits gains in recent months and then try to understand why. In many cases, I end up buying the stock, even after 30% 40% 50% gains.
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