Shree Ganesh Of investing: Diversify, stay with the quality
Research a company's fundamentals and business model. A well-researched investment is a conviction, while a hunch is a gamble.
Have a long-term perspective.
True wealth is built over many years, not days. Focus on compounding, not daily market swings.
Remember risk and reward are tied.
Higher returns come with greater risk. Invest within your personal risk tolerance.
Expect volatility.
Market fluctuations are normal. View downturns as opportunities to buy, not reasons to panic sell.
Examine your own biases.
Be aware of how emotions and cognitive biases can sabotage your rational decisions.
Grasp the power of compounding.
Start early and stay consistent. Compounding allows your money to grow exponentially over time.
Always diversify your portfolio.
Spread investments across different sectors and asset classes to protect against severe losses.
Navigate the cycles of the market.
Understand that markets have booms and busts. Use this knowledge to your advantage.
Embrace a margin of safety.
Buy assets for less than their intrinsic value to create a protective buffer against errors.
Stick to your investment plan.
Have a clear strategy that prevents impulsive decisions based on fear or greed.
Have patience and discipline.
These two traits are the most crucial for successful long-term investing.
Please like, comment, share and subscribe.
Happy Knowledge Compounding
Jitendra Kumar Gupta
Caution: These are my personal views and shared only for the education and knowledge purpose.
Comments