The Hultian Spring 2017 | Page 58

really any goal you can think of. After setting a goal you can decide the best way to invest your money, for example if your goal is to save for retirement, your strategy should focus on long- term returns and less on volatility. If your goal is having cash-flow to cover expenses, your strategy should be about dividends and short term returns. Always remember to set goals for your investments and set a strategy to achieve these goals. Make due diligence when investing and not only invest because you like the brand. Try to look for stocks that you understand when investing. And never fall for “cult stocks”. Never follow the herd and always remember that the time to buy is when there is blood in the streets. Cult Stocks