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Old 03-05-2013, 03:53 PM   #41
THORISHERE
I am Hook'd on RS
 
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Join Date: Aug 2012
Location: Thor Dropship
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I invest full time and how I started was to first study the best investors out there. Read everything they write, watch every interview they make (youtube). Learn not just about their investment strategies but also their investment philosophies. Every successful investor has their own investment philosophy. Those that have not invested the time to create their own philosophies probably aren't very successful. IMO this is one major reason why most amateur investors never make money in the long-term.

Investors that I think of as my mentors include: Eric Sprott, Rick Rule, John Embry, James Turk, Doug Casey, Frank Giustra, Marc Farber, Peter Schiff, Jim Rogers, and Chris Martenson. You may want to look them up.

In short, investing requires tonnes of work and is a life-long process and unless you are really committed, you will probably be better off keeping your money in cash (your downside is limited to inflation) or have your money managed by a professional that you trust. Good Luck!

Last edited by THORISHERE; 03-05-2013 at 09:34 PM.
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