Secret of building wealth by Casual Investor
3 simple idioms to invest by…
1. Never put all your eggs in the same basket.
*Diversify your investments. Don’t buy just one stock. Beware of the Big Bad Bear.
2. Don’t count your chicks before they hatch.
*Always plan for contingency.
3. Don’t bet on a lame rooster
*Realise that you’ve may have entered into a wrong stock. Cut your losses before it falls further. Gain your profits elsewhere. Never keep your bets on a lame rooster.
Bonus: Sleep it off. Don’t dwell if todays stocks don’t make any sense. Regroup and relook your goals.
1. Never put all your eggs in the same basket.
*Diversify your investments. Don’t buy just one stock. Beware of the Big Bad Bear.
2. Don’t count your chicks before they hatch.
*Always plan for contingency.
3. Don’t bet on a lame rooster
*Realise that you’ve may have entered into a wrong stock. Cut your losses before it falls further. Gain your profits elsewhere. Never keep your bets on a lame rooster.
Bonus: Sleep it off. Don’t dwell if todays stocks don’t make any sense. Regroup and relook your goals.
$Tesla(TSLA.US$ 800-900
$NVIDIA(NVDA.US$ 190-200
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Ah_____ : Left some in NFTS and crypto too hahahaha
Milk The Cow : Don't know who mentioned... Is it Elon?
"It's OK to have your eggs in one basket as long as you control what's happens to that basket ."
He's too daring to me .
junclj1223 : Diversification investment is the meaning of investing your money to unit trust, bonds, futures, gold, shop leasing, doing business, other than just buy shares. You should not diversify your money to buy AAPL, NVDA AND TSLA.
CasualInvestorOP Milk The Cow: Who can truly say they control the basket. Usually we are all casual investors. Don’t poke a hole into my basket can le.
CasualInvestorOP junclj1223: Agree that’s true diversification. Slowly but surely invest broadly. Really depends what you want your portfolio to consist of. High risk, Low risk different returns.
Milk The Cow CasualInvestorOP:
Talklili : Buying a fund is the same as buying a stock. It requires fixed investment and multi-stock holdings, so that risks can be shared and returns can be maximized.
BooBooKitty1701 : does anyone have a worker that needs another farmer