Source

Seven Good Investment Habits:

1. You really want a million bucks. The majority of great investors
   devote between 10 and 40 hours a week to following the market and
   studying potential investments. For them, it’s not just a hobby, it’s
   a job.
2. You like to save. If you’re going to make a million in your lifetime,
   you need to invest your capital, not spend it.
3. You start young. This gives you a big head start and it allows you to
   make mistakes and recover while you’re still young.
4. You can take huge risks. It’s rare to find someone who is both so
   conservative that he will insist on paying for his first house in
   cash, yet so gutsy that he would borrow twice his annual salary and
   bet it all on a single stock. That kind of behaviour is very typical
   of great investors.
5. You can handle big losses. Great investors are resilient and take
   their losses in stride. Many see a major loss as an opportunity to
   come back with a new strategy.
6. You can handle debt. You could be the best investor in the world,
   capable of pulling down 30% returns year after year, but you’ll
   likely not make millions unless you have a good chunk of money to
   invest in the first place.
7. Your investing style suits you. There is no one right way to invest.
   Pick the style that’s right for you.