How to Make Your Own Investing Luck
As an investor, you're in the business of predicting the future. No matter how good you are at analyzing business trends and projecting consumer behaviors to come, there is a certain amount of luck involved. After all, not every trend lasts forever, yesterday's innovators can get displaced by tomorrow's disruptors, and even great ideas can get sidelined if the money runs out before they can get a foothold.
You can't perfectly predict the future, and some of your investing ideas will not work out. What you can do, though, is set yourself up so that you can benefit more from the good luck that comes your way in the market than you suffer from the bad luck that will also head your way. With that in mind, here are three ways to make your own investing luck.
Source Fool.com
