Developing a winning investment plan can be a difficult task for both the veteran investor and the newbie too. Because there are many different controlling factors in the stock market, some people may find it hard to invest without taking a lot of unnecessary risks. However, when the investor knows where the success of others in the same industry comes from, they may be able to simulate what they have done. Especially, when the strategies and techniques used are simple and relatively straightforward when they are provided.
To that end, when an investor decides to become a member of the Oxford Club, they may find that they are already on the cutting edge. In fact, the cutting edge that these members possess is usually due to the principles that this financial club promotes as their main claim to the success and wealth. To make sure people can become familiar with how to build a sound investment plan with high investment opportunities and low risk, here are 2 investment principles that the Oxford Club advises when they are providing instructions through their seminars, newsletters and Investment U.
- Leave the Herd
When people are not sure of an investment opportunity, they can become very apprehensive about making the investment at all, unless they begin to see huge sums of other investors buying the same investment product. While this decision may seem safe because of the numbers, this can be far from true. Primarily, because the investment market is not like other business activities, as they are often dealing with very volatile markets. In fact, based on research studies that encompass at least 25 years of investment data, the contrarian investor has a much greater chance of being successful than the investor with the herd mentality. This is because the herd strategy rarely works.
- Fees and Expenses — Great Investment Options
When building a portfolio, there are some problems that may not be very visible. One of which involves incurring lots of unnecessary expenses and investment fees. To avoid these problems, new and seasoned investors will need to begin to manage and reduce all of the fees that’s killing an investors success.