The title of this article is quoted by Warren Buffett & this is a harsh truth in every sphere of our life.
Most of the people in this world are working very hard to earn money for living a life full of happiness & joy. They wish to fulfil their dreams and imaginations. Money is the most useful power which can do almost everything in this world. Hence, they invest their savings in the expectation of handsome return. No one will be happy in losing his hard-earned money in poor investment.
The most common & big mistake we do in our life is nothing but investing our money as per advice of any person, broker or agency without any verification of their offer. Sometimes, agents or brokers intentionally involve their customers in poor investment plan for getting more interset or commission. They misguide their customer with fake promise for their own benefit & consequently, the investor loses his hard-earned money.
A huge market-research is required for verification of every offer before investing. Now-a-days, any information is available in internet. So we can google everthing and nobody can make us fool.
Never forget 'the two rule of investment of Warren Buffett'.......
" Rule No. 1 : Never lose money
Rule No. 2: Never forget Rule No.1 "
Happy investing !!!
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