Article Display
Email  |  My Account  |  Donate
People often want an investment formula, but truthfully, no such formula exists. Successful investing is a combination of hard work, careful planning, and long-range vision.

However, most financial planners recommend these eight basic principles for investing wisely:
  1. Have a plan—Even a simple plan can help you take control of your financial future. Review it yearly or if circumstances change.
  2. Start investing as soon as possible—Make time your ally. Let it put the power of compounding to work for you while helping to reduce your potential investment risk.
  3. Diversify your portfolio—By investing in different asset classes—stocks, bonds and cash—you help protect against poor performance in one investment type while including investments most likely to help you achieve your important goals.
  4. Invest regularly—Investing is a process, not a one-time event. By investing regularly over the long term, you reduce the impact of short-term market gyrations. You also attend to your long-term plan before you are tempted to spend those assets on short-term needs.
  5. Maintain a long-term perspective—For most people, the best discipline is staying invested as market conditions change. Reactive, emotional investment decisions all too often bring regret and principal loss.
  6. Consider stocks to help achieve major long-term goals—Over time, stocks have provided the more powerful returns needed to help your investments' value stay well ahead of inflation.
  7. Keep a comfortable amount of cash in your portfolio—To meet current needs, including emergencies, use a money market fund or a bank account, not your long-term investment assets.
  8. Know what you are buying—Make sure you understand the potential risks and rewards associated with each of your investments. Ask questions, request information, and make up your own mind.
Source: The Basics of Abundance by John Avanzini
Excerpt permission granted by Harrison House Publishers

Author Biography

John Avanzini
Web site: John Avanzini Ministries
John Avanzini was born in Surinam, South America in 1936. He preaches the message of financial prosperity and teaches that God wants believers to be wealthy. He speaks in conferences and seminars worldwide about biblical economics.

About Us

The online ministry of cfaith has been helping people discover faith, friends and freedom in the Word since 2000. Cfaith provides a unique and comprehensive collection of faith-building resources for the worldwide faith community.

At cfaith, you can strengthen your faith and deepen your understanding of the Word of God by digging into the vast collection of teaching articles, streaming audio and video messages, and daily devotionals. No other website offers such a unique and extensive collection of spiritual-growth resources aimed at helping you grow in your knowledge of the Word.




Support Us

Why support cfaith?

(All contributions are 100% tax deductible)


For every Internet search you make using
goodsearch, cfaith will receive one penny!

GS Logo 250x38

Contact Us

Business Hours:

Monday—Friday: 9 a.m.—5 p.m. CST
Saturday & Sunday: Closed


(763) 488-7800 or (800) 748-8107

Mailing Address:
9201 75th Avenue North
Brooklyn Park, MN 55428


Login Form

Please ignore the “Secret Key” field; it is not needed to log in to cfaith.

Login Change Article

You need to enable user registration from User Manager/Options in the backend of Joomla before this module will activate.