When legendary investor Warren Buffett was asked what the best money advice he ever received,he replied “by far the best book on investing ever written,

The Intelligent Investor

See what the book teaches about

1  Invest for the long-term:
investing is not about making quick gains, it's about building wealth over time. Adopt a long-term investment strategy and resist the temptation to engage in frequent trading.

2 Diversification is important:
diversifying your portfolio means spreading your investments across different asset classes (such as stocks, bonds, and real estate) and sectors (such as technology, healthcare, and energy).
By diversifying, you reduce your overall investment risk

3. Don't try to time the market:
Timing the market means trying to predict the perfect moment to buy or sell investments based on short-term market trends. trying to time the market will always be a losing game, so it's best to just avoid playing.

4. Ignore market noise:
Financial media and analysts often create noise that can distract investors from their long-term investment goals. It's important you learn to filter out the noise and negative headlines.
stick to your investment strategy and remain focused on the long-term

5.  Emotions will cloud your judgment:
Emotions such as fear or greed can cloud your judgment as an investor. fear may lead to panic selling during market downturns, while greed may push you to chase speculative investments without proper due diligence.
Develop the ability to make rational investment decisions based on principles and objective analysis, rather than being swayed by temporary emotions.

6. Understand your circle of competence:
Invest in companies and industries that you understand well. This knowledge gives you an advantage and builds confidence in your investments. if you are unfamiliar with a particular industry or investment, take the time to research

7. Margin of safety is key:
A margin of safety refers to buying an investment at a price below its fair value. this provides a cushion against potential losses and protects you from downside risks. When you invest with a margin of safety, you are being cautious and conservative

8. Invest in companies, not stock tickers:
When investing, always focus on understanding the fundamentals of the companies you invest in. Don't simply buy and sell based on market trends and sentiment.

9. Be patient:
Successful investing requires patience and discipline.
Avoid making impulsive investment decisions based on hype or fear. trust in your research and give your investment time to perform.