There can be no doubt that when it comes to investment, investing for the long term is the better way. So how do I do it?
For my long term investments, I tend to pick a basket of stocks rather than single stocks. I go for themes. For example Banking, Technology, Manufacturing. I have some investments in unit trust that are upwards of 20 years. Recently, I've also purchased ETFs. These investments have reaped great returns without me having to make constant adjustments to my portfolio.
On the contrary, shares that I've purchased over the years have not performed quite so well. Plus, I have had to constantly monitor them and make adjustments every now and then.
I'm conclusion, it is important that you select a theme that you have conviction in. Then you just let time do it's magic by holding on for the ride. Over the years, if your conviction does not change, you may add more money into the investment, as a way of dollar cost averaging.
For my long term investments, I tend to pick a basket of stocks rather than single stocks. I go for themes. For example Banking, Technology, Manufacturing. I have some investments in unit trust that are upwards of 20 years. Recently, I've also purchased ETFs. These investments have reaped great returns without me having to make constant adjustments to my portfolio.
On the contrary, shares that I've purchased over the years have not performed quite so well. Plus, I have had to constantly monitor them and make adjustments every now and then.
I'm conclusion, it is important that you select a theme that you have conviction in. Then you just let time do it's magic by holding on for the ride. Over the years, if your conviction does not change, you may add more money into the investment, as a way of dollar cost averaging.
Ah Huat
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By Julianna
Hey, moomooers! Here are things you need to know before the opening bell:
- Stock futures traded lower early Monday after the Dow Jones Industrial Average notched a record close Friday following a stronger-than-expected jobs report.
- Nio's former senior vice president Charles Huang Chendong, who left the electric company last year, has launched his own electric commercial vehicle company, Newrizon Inc, cnEVpost reported on Monday.
...
Hey, moomooers! Here are things you need to know before the opening bell:
- Stock futures traded lower early Monday after the Dow Jones Industrial Average notched a record close Friday following a stronger-than-expected jobs report.
- Nio's former senior vice president Charles Huang Chendong, who left the electric company last year, has launched his own electric commercial vehicle company, Newrizon Inc, cnEVpost reported on Monday.
...
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Ah Huat
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Hi, dear moomooers! We are excited to invite you to a special event and claim big rewards.
Before we start, let us you give a "spoiler": There will be 400 winners in total after this event ends. But each day, only the first 40 participants will be eligible to receive our gifts.
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Every day, moomoo will send...
Before we start, let us you give a "spoiler": There will be 400 winners in total after this event ends. But each day, only the first 40 participants will be eligible to receive our gifts.
So, what are you still waiting for?
How to join this event?
Step 1:Turn on your notification for moomoo app on your phone.
Step 2: Look for the “password”!
Every day, moomoo will send...
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Ah Huat
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Ah Huat
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The promo says earn up to $1888 daily, is it all of us combined? Coz I'm only getting $0.18 😅
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Ah Huat
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For beginners, placing an order sometimes can be a difficult task.
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment(AMC.US$ $Tesla(TSLA.US$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $Nasdaq Composite Index(.IXIC.US$
In this video, we will guide you on how to place a market/limit order.
Follow us for more tutorials.
For more guides, please refer to moomoo courses at https://live.moomoo.com/college
Have fun with your financial journey on moomoo!
$AMC Entertainment(AMC.US$ $Tesla(TSLA.US$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $Nasdaq Composite Index(.IXIC.US$
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Ah Huat
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$SNDL Inc(SNDL.US$ We need that $1.00 floor and support!
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