Investing advice you’d give to the younger version of yourself who’s just starting
I’m only one year into my investment journey, but the lessons have been coming hard and fast. Maybe after a few more years of experience, I’ll dish some different tips, but if I had anything to tell the me of a year ago, it’d be three simple words: take…it…slow. Why?
I bought all the stocks on my list in the first two days. While most have turned out well (thankfully), a few were bought way too high (hi, Disney). Learning to value them prior to buying would’ve saved me from those tankers.
I was selling a few tickers the moment they turned profit if they dipped after purchase, unwilling to put up with their “negativity.” As a result, I missed a few big run-ups (e.g. Ford).
Patience, patience, patience. Investing is a long-term game after all. $Camber Energy(CEI.US$ $Occidental Petroleum(OXY.US$ $Imperial Petroleum(IMPP.US$ $Nasdaq Composite Index(.IXIC.US$ $Invesco QQQ Trust(QQQ.US$ $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$
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Funn : Shared same thoughts. Thanks for sharing.
Dons hobby : I really do appreciate your post. Very informative.
Thanks again Don
Jay-Jay : thank you
开心钱钱 : Okay, share.
102138918 Funn: Ichimm
Kathy kastineOP Funn:
Kathy kastineOP Dons hobby: Thank you for your comments
Kathy kastineOP Jay-Jay:
Kathy kastineOP 开心钱钱: happy trading
Kathy kastineOP 102138918: