Beginner’s Guide To Successful Stock Market Investing
Forbes Topline
Forbes
4.8 • 6 Ratings
🗓️ 25 February 2024
⏱️ 14 minutes
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| 0:00.0 | Hi everyone I'm Rose Marie Miller here with Rob Isbitz the founder and chief |
| 0:08.9 | investment strategist of E.TF Yourself.com. Rob is here to tell us a few of his top pieces of advice for investing. |
| 0:17.0 | Thank you so much for joining me today, Rob. |
| 0:20.0 | Oh, my pleasure, Rosemary. |
| 0:22.0 | Let's get into it. |
| 0:23.4 | Well well before we talk about the current markets could you summarize how you |
| 0:28.3 | approached the world of investing for income growth in preservation? |
| 0:33.0 | Sure, I think it's always good at the outset to kind of know who you're listening to. |
| 0:39.0 | So my number one rule of investing is very simple. |
| 0:42.9 | It's called ABL. |
| 0:44.3 | Avoid big loss. |
| 0:45.8 | Everybody determines for themselves what big is. |
| 0:49.5 | When I was a client advisor for 27 years |
| 0:52.3 | before we sold the firm a few years ago. We had to do that |
| 0:55.6 | individually now as a writer researcher, E.F. yourself.com, founder, we're getting it out conceptually. |
| 1:03.5 | So, you know, 30 years of investing |
| 1:05.6 | and a lot of things have changed over that time. |
| 1:08.8 | But what I think is changing the most today is how the markets work and what influences them. |
| 1:18.0 | And I think sometimes people get a little bit too caught up in how much can I make and not thinking about how much they can lose. |
| 1:26.8 | So rule number one is ABL of Wood Big Loss. |
| 1:29.8 | Rule number two, frankly, make as much as you freaking can. |
| 1:33.9 | But remember that one is more important than two. |
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