Become rich~ Think in reverse and look for 5-star stocks.
Investing is not for getting rich overnight, but for slowly accumulating wealth.
We should think contrarian, not follow the crowd. When everyone agrees on the stocks we buy, the stocks we buy are likely already overvalued, no longer cost-effective.
When the stock market is bustling and everyone is afraid of missing out and rushing to buy, we must rationally sell stocks and leave the market.
When a bear market comes, everyone panics and sells, we should remain calm, boldly buy quality stocks that are undervalued, and then hold for the long term.
Do not let greed and fear affect investment decisions.
When a bear market comes, everyone panics and sells, we should remain calm, boldly buy quality stocks that are undervalued, and then hold for the long term.
Do not let greed and fear affect investment decisions.
Long-term investment is not about holding forever, it is about looking at it from a business perspective. We only need to buy a few understandable, steadily growing, 5-star companies with moats.
If the stock price has already overreacted to the company's present/future value in the coming years, or if the company has deteriorated, it should be sold/stop-loss.
Rome was not built in a day, and reaching for the stars is unrealistic.
Rome was not built in a day, and reaching for the stars is unrealistic.
Investment gurus rarely buy or sell stocks, but when they do, they always come back with a full load.
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