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Co-Wise: Why do you stick to long-term investment?
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BuzzyBee3
joined discussion12/26/2021 23:17
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As I am more risk adverse, I would prefer stocks that are less volatil...

As I am more risk adverse, I would prefer stocks that are less volatile. Most of my money are parked in Indexes (slow growth but it will grow) and growth stock (slightly less volatile but manageable risk).
Of course many would think that this means my portfolio growth would be super slow but for me, that’s good enough as what I’m looking at is long term rather than short term. I believe that slow and steady wins the race. That’s why I feel long term investment is the best for someone who is as risk adverse as me but still want to start somewhere or do something more than just keeping money in bank:)
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