Investment Owner’s Contract
I, ________________ _______________, hereby state that I am an investor who is seeking to accumulate wealth for many years into the future.
I know that there will be many times when I will be tempted to invest in stock or bonds because they have gone (or “are going”) up in price, and other times when I will be tempted to sell my investments because they have gone (or “are going”) down.
I hereby declare my refusal to let a herd of strangers make my financial decisions for me. I further make a decision for me. I further make a solemn commitment never to invest because the stock market has gone up, and never to sell because it has gone down. Instead, I will invest $ _____.00 per month, every month, through an automatic investment plan or “dollar-cost averaging program,” into the following mutual fund(s) or diversified portfolio(s):
I will also invest additional amounts whenever I can afford to spare the cash (and can afford to lose it in the short run).
I hereby declare that I will hold each of these investment continually through at least the following dates (which must be a minimum of 10years after the date of this contract):__________ ___________, 20____. The only need for cash, like health- care emergency or the loss of my jo, or a planned like a housing down payment or tuition bill.
I am, by signing below, stating my intention not only to abide by the terms of this contract, but to re-read this document whenever I am tempted to sell any of my investments.
This contract is valid only when signed by at least one witness, and must be kept in a safe place that is easily accessible for future reference.
Signed: Date :
Author Benjamin Graham, The Intelligent Investor. The Definitive Book on Value Investing.