What Is Rothschild Formula for Investing?

I learnt something about investing today...

"Rothschild formula for investing. According to him, this involves not participating in the first 20 percent or the last 20 percent of an investment run-up. Instead, it's investing in the middle 60 percent, when risks are low and the direction of the price is determined. As the asset value approaches what appears to be the last 20 percent, you sell and move on to another asset class." - Robert Kiyosaki
http://finance.yahoo.com/expert/article/richricher/62341

Comments

Popular posts from this blog

Find Undervalued Stocks - $15K/m Stocks Challenge #220307

May 27 - Rookie Trader Journal 2021 - Continuous Losses