11 principles for investors.

Discussion in 'Investor Psychology & Mindset' started by Steven Ryan, 22nd Jun, 2015.

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  1. Steven Ryan

    Steven Ryan Well-Known Member

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    I've been guided by these principles, and they've served me well.
    • Plan and execute. Set goals and work unceasingly towards them.
    • There’s always a way–set out to find it.
    • Be completely honesty and ethical in absolutely everything you do.
    • Surround yourself with a fantastic team of professionals and great mentors.
    • Master your money and your mind–both are vital.
    • Data is your most valuable tool. Monitor it, understand it, devour it and act on it.
    • In every decision, think “value” not “cost”.
    • Gladly pay for professional advice, help and assistance. Think “return on investment”.
    • Leverage and compounding are powerful individually; phenomenally so when combined.
    • Treat your tenants with the utmost respect.
    • Strive to continually increase your knowledge and improve your skills–read voraciously, ask lots of questions.
    I first shared these with API mag (November 2014 issue).
     
    Steven Ryan, 22nd Jun, 2015
    #1
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  2. jafeica

    jafeica Well-Known Member

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    Some great threads on this new forum already, this is up there with them.
     
    jafeica, 22nd Jun, 2015
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  3. EK01

    EK01 Well-Known Member

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    + 1
     
    EK01, 22nd Jun, 2015
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  4. MTR

    MTR Well-Known Member

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    Excellent.
    Act with Integrity a big one, regardless of whether you are an investor or not.

    MTR:)
     
    MTR, 4th Jul, 2015
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  5. Steven Ryan

    Steven Ryan Well-Known Member

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    Steven Ryan, 4th Jul, 2015
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  6. 380

    380 Well-Known Member

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    +1....

    well said...

    i may add:

    Treat your competition with respect and integrity!!
     
    380, 4th Jul, 2015
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  7. Redwing

    Redwing Well-Known Member

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    You can find that Steve Ryan fella here also ;)
     
    Redwing, 4th Jul, 2015
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  8. Steven Ryan

    Steven Ryan Well-Known Member

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    Nice stalking!

    Wonder how long until Property Chat discovers me elsewhere, too.. ;)
     
    Steven Ryan, 10th Jul, 2015
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  9. eng

    eng Well-Known Member

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    “Treat a man as he is and he will remain as he is. Treat a man as he can and should be and he will become as he can and should be.”
    ― Stephen R. Covey,

    Stephen Covey is spot on when it comes to this principle, that we should never, ever be mean and unkind, or speak ill of others. Unfortunately I see people breaking this principle on here and on Somesoft.
     
    Last edited: 11th Jul, 2015
    eng, 10th Jul, 2015
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  10. MTR

    MTR Well-Known Member

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    Yes, unfortunately so true, but this is not about the people they attack but more about their own insecuries. They have to do this in numbers, perhaps this gives them courage.

    On a positive note, I have found in the main most people on the forum act with integrity and I have met made some good friends along the way.

    MTR
     
    Last edited: 11th Jul, 2015
    MTR, 10th Jul, 2015
    #10
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