| Tip 48 | Watch the Market |
You’d be a fool to invest your money in a volatile stock and then ignore it. Even if you’ve done a great deal of research and made an intentional choice about what to invest in, the market is uncertain. You can’t just fire-and-forget when it comes to investments. Even if a stock’s value is increasing now, that doesn’t mean it isn’t going to start tanking tomorrow.
You might also be missing an opportunity. You may find a really safe bet, yielding a 10 percent annual return. That sounds like a pretty good deal as long as the rest of the market isn’t suddenly doing much better than 10 percent. Your workhorse investment of today, even if it continues to perform, may not be very impressive compared to what’s possible tomorrow. ...
Get The Passionate Programmer now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
