Believe in long term investing
If you believe a certain company will
be successful in the future, you have done your due diligence, what they do, what they are going to do, the people who are helming the company, you will know that it will be in good hands.
if you don’t believe it will grow in the first place, you wouldn’t even put your money in.
however, we can be wrong in our decision making. That certain company might not be successful even though with all the work they have done.
Thus, it is very very important to know what’s your own risk profile.
Only put in what you can afford to lose.
because when the stocks drop all time Low, you wont be panicking as if your whole life depends on that particular stocks.
it’s also good to diversify your portfolio as if a certain stock is down, other stock might be in a positive direction, which in return negates the loss.
be successful in the future, you have done your due diligence, what they do, what they are going to do, the people who are helming the company, you will know that it will be in good hands.
if you don’t believe it will grow in the first place, you wouldn’t even put your money in.
however, we can be wrong in our decision making. That certain company might not be successful even though with all the work they have done.
Thus, it is very very important to know what’s your own risk profile.
Only put in what you can afford to lose.
because when the stocks drop all time Low, you wont be panicking as if your whole life depends on that particular stocks.
it’s also good to diversify your portfolio as if a certain stock is down, other stock might be in a positive direction, which in return negates the loss.
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卫斯理传奇 : Well written!