Well as the GFC is diminishing into the background as these famous 'green shoots' take effect, what are the lessons to be learned for me personally
Well to be honest I believe this whole experience has been a great thing for me, even though I lost a fair bit of money last year, this recovery has been good to me.
I think the main lesson is research, research and more research. To follow a plan and stick to it and to have rules that govern my investing behavior. Not to just get into something because it seems like a good idea.
I have come though this, still standing with a reasonable portfolio left, not like I started with, I was forced to sell 2 properties and numerous share holdings. To pay down debts, like so many individuals and corporations. But everything is now on a much more secure footing. And am happy with my approach.
Am going to focus more on cash-flow and less on capital gains, Cash-flow is king. Capital gains can't pay the bills without selling or re-financing, cash-flow can.