Golden Trading and Investing Strategies: Why is it so hard to get out of debt?

Interesting article that I came across from an email from Nerdwallet, which we can somehow relate it back to what's happening locally in Singapore.

Why is it so hard to get out of debt?

Key Lessons

Rule number one: Don’t lose money. Rule number two: Don’t forget rule number one.
It is not about how the stock prices open but more importantly how it closes for the day and week.
When people are greedy, its time to be fearful. When people are fearful, its time to be greedy.
The trend is your friend till the end.
Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.
When the semiconductors fail, you better bail.

Golden Trading and Investing Strategies

Why is it so hard to get out of debt?

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