Key Practices of Financially Successful Individuals That Produce Wealth

Manoj Prasad

Green Leaf Shape

Research investments thoroughly before committing money

Use a buy and hold strategy instead of trying to time the market

Invest consistently on a scheduled, regular basis

Manage risk carefully through diversification and asset allocation

Have a stable personal financial foundation

Let compounding work its magic by holding quality investments long-term

Dollar cost average into the market at regular intervals

Limit speculation and only invest what you can afford to lose

Build an emergency fund and pay off high interest debt before investing