Investment checklist

When you would like to invest, think about the following:

1. Do you have low risk savings that enable you to live for another 6 months from today onwards as if you have lost your job today?
2. Are you using your own money to invest?
3. Are you using your current money/savings instead of future money/savings?
4. Are you not planning to use those money for at least one year?
5. Are you willing to lost all of those money?
6. Do you have x% confident that your investment will guarantee the y% of return of investment every year? (Where x is above 90% and y is your target)

Answer the questions above sincerely to yourself before you would like to invest.

Theoritically according to financial expert, as our age grows and we are getting older, we should place most of our money into low risk profile. However personally I noticed that the successful and rich investors (Warran Buffett, Li Ka-shing etc.) are putting almost 100% of their investment in high risk profile.

So, does age really matter? Or is it the investment strategy that really matters?