Wednesday, January 30, 2008

Investment Goals

I am just listing my investment goals. These will continue to be added or modified upon in a regular basis.

  1. Average around 15% annual gains.
  2. Beat the S & P 500 by 3-5 percentage points a year.
  3. Keep learning & do my own homework.
  4. Keep number of open positions small & manageable.
  5. Try to find atleast one great investment idea every year.
  6. Pick stocks with a 3-5 year time horizon.
  7. Know in detail about every pick. Have specific price targets and stop loss points.
  8. Don't be greedy. Take profits regularly.
  9. Contribute atleast 10% of my income to my investment portfolio annually.

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