Money Magazine

Skills you need to be successful

MANAGED FUNDS Max Riaz

Finding enduring success in anything in life requires a set of good habits (process), necessary skills and a winning mindset (emotional intelligence). This applies to being a successful investor.

This month's article is inspired by Greg H, a reader who shared his view that finance skill is but a minor part of what it takes to be a good investor. My response is that it really depends on how you are investing and what you are investing in.

Certain types of investing will require you to have negligible or basic-level knowledge of finance, while in other cases you will need to be fully across the financial statements of your invested

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