Co-Wise: Why do you stick to long-term investment?
Views 207K
Contents 495
Lexyko
joined discussion · Dec 23, 2021 18:03
MONEY GROWS WITH TIME
Long term investment have more benefits than short term investment. It removes noise and emotion in the market. As long as you invest in companies that have strong fundamentals and good cash flow, you should see your portfolio grows over the time. UNLESS YOU LIKE GAMBLING…Short term investment involve risk similar to gambling. It’s suitable for people who likes to take risk and to make money fast. Short term investment also require more screen time. However, long term investment requires patience and lesser screen time. LESSER VOLATILITY Investment held for longer periods tend to show less noise. It always outperform market (If you invest in good companies) and prevent you from missing those good times. PAYING LESS TAXES AND COMMISSIONS If you are an active trader, you have to pay more taxes and commission for the trades you takes. the more trades, the more you have to pay. LASTLY, E = P t No, it’s not energy = power x time, it’s to enrich your portfolio with patience x time 👍😁$Tesla (TSLA.US)$ $DBS (D05.SG)$ $Coca-Cola (KO.US)$ $Disney (DIS.US)$ $Matterport (MTTR.US)$ $Roundhill Ball Metaverse ETF (META.US)$ $Plug Power (PLUG.US)$ $Pfizer (PFE.US)$ $Apple (AAPL.US)$ $Microsoft (MSFT.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more21
suginnany : Great