1. Establish Objectives
  2. Determine Resources
  3. Asset Allocate
  4. Diversify
  5. Buy Good Companies at Great Prices
  6. Buy Great Companies at Good Prices
  7. Sell Losses; Never let a short term loss become a long term loss
  8. Chunk In -- Tier Out
  9. BE PATIENT!!!!
  10. You and your family are sacred; your investments are not

For further discussion of any of these concepts, please contact me.

Originally written July, 1997 by Ralph McDevitt

Any opinions are those of Ralph McDevitt and not necessarily those of Raymond James.