By Adam Hamilton – Re-Blogged From http://www.Gold-Eagle.com
The great endeavor of investing can be distilled down into four simple words, buy low sell high. They are so basic, so resoundingly clear, that even a child can understand this principle. Yet still the great majority of investors never achieve significant success. Even while full-well knowing the core idea of investing, they end up buying high and selling low. That treacherous struggle of investing must be overcome.
It’s funny, as life is full of simple ideas that are incredibly challenging to put into practice. Investing is certainly not unique in this regard. Americans’ expanding waistlines are a great example. The only way to lean up is some combination of eating less and exercising more. We all know this basic truth, we all know what we ought to be doing on both fronts, yet it’s still really hard to execute. Emotions are the reason.