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Co-Wise: Why do you stick to long-term investment?
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Why do you stick to long term investment

When we invest in a stock market making quick money mindset is just a part of the main body fundamentals. I believe in Buffett philosophy not only making money in investment but it’s about how to take over the company. Investment in a stock market meaning to say you are part of the company’s share holder. You just can’t simply putting your bag of gold in any company if you don’t see growth in it. Believing is one thing but to foresee the future of the company is another which Buffett really have great insights on this. When I started off trading and investing using this app last year it’s been greatly appreciated the things I have learnt and the mistakes I’ve come across so far, but to me every step is a great one where I see a greater returns in my following paths I made so far.
I missed out on Tesla where starting at $600 thinking will it reach a higher height in the future? yes indeed it reach a new record high last month hitting over 1K. So we do see that certain companies are able to achieve great scores, but the matter is are we able to believe and hold on to those companies. The answer is yes. But we need to first see the surrounding around us. Things in daily life actually gives a great answer to what we actually missed out. Quote an example in daily life, many iPhone users out there, iPad users ? Haha I do believe majority around us holds one of them. When I first got my free stock Apple share $124. Was holding it till now, take a step back and look how much have it grown.
Things happening after covid have also brought about Grab into daily lifestyle. So up goes the Grab stock as well.
To sum up all, I believe that when we do investment we do look into the future of the company rather than at the current situation. Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. Avoid investing in a business you cannot understand and have less insights on.

Buffett quotes “the stock market is a device for transferring money from the impatient to the patient”
Yeah this quote rocks!


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我不是财务顾问,这不是财务建议
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