Usually, there is a major reason for the success of any organization and people want to know what it is. Since some successes can be duplicated, it is not uncommon for everyone to want to know exactly what the person or organization did to get to where they are today. In some cases, the proof is normally in the pudding so most people want to know where to start, especially if they are in the same or similar industry.
With this being said, the Oxford Club is a financial organization that also has this claim to fame. Because of the humongous success that it has had over the last 20 years, people want to know where they should start and when. Fortunately, a significant part of the success of this financial club can be linked directly to the principles that this organization advocates. So, for those of you who want to know the facts about this organization’s success, you may want to start by becoming acquainted with their principles of investment. Therefore, here are 2 principles that this financial organization teaches their members to go by as they make their investment plans.
- Do Your Own Investment Planning — But Get the Best Guidance
Even though wall street brokers possess the experience and the expertise to steer their investors in the right direction, this does not come without a price to the investor that they are working with. Since their primary focus is to make money themselves by promoting investment opportunities that benefit themselves, your interest tends to take second priority and not the first. Therefore, according to the Oxford Club and their recommendations, it is best to go it alone. However, you will need the proper guidance to take advantage of the best investment opportunities.
- Devise a Good Exit Plan
Knowing when to get out of an investment is also a principle key to making smart investment decisions. Since every new investor usually knows when they should buy, this is not the real problem with making smart investment decisions. Instead, based on the principles of the Oxford Club, the true art of investing is knowing when it is the best time to sell.