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Ever since I started investing in stock market
Here are the lessons have learnt from it
Hope you find value reading it.
[ Thread ]
Here are the lessons have learnt from it
Hope you find value reading it.
[ Thread ]
1. Loss and Profit
Stock Market is similar to the general world of human
There are days your portfolio will be red
[Loss]
and
Other days they are green
[Profit]
Know and understand that you will have red days
But single day/week of green can be the change you need.
Stock Market is similar to the general world of human
There are days your portfolio will be red
[Loss] and
Other days they are green
[Profit]Know and understand that you will have red days
But single day/week of green can be the change you need.
2. You don't lose until you sell
A popular saying of @CJ_Johnson17th
Fear of losing all might make you sell on red days
Little setback in life might make you think of giving up
Buy more on red days
You fail only when you stop trying
Rather than quitting put more energy
A popular saying of @CJ_Johnson17th
Fear of losing all might make you sell on red days
Little setback in life might make you think of giving up
Buy more on red days
You fail only when you stop trying
Rather than quitting put more energy
3. Don't follow the crowd
Learnt to always do the opposite of what many people are doing
When they are buying in the market position yourself to sell and
When they are selling you buy more
Law of demand and supply
Same with life find your uniqueness
Be true to yourself.
Learnt to always do the opposite of what many people are doing
When they are buying in the market position yourself to sell and
When they are selling you buy more
Law of demand and supply
Same with life find your uniqueness
Be true to yourself.
4. Investing without knowledge is gambling
Made to understand that keep your money only where you believe in
Do your research and understand before buying any stock
Same with life seek for knowledge first before taking any action
Action without knowledge often lead to a crash
Made to understand that keep your money only where you believe in
Do your research and understand before buying any stock
Same with life seek for knowledge first before taking any action
Action without knowledge often lead to a crash
5. Growth stock
Most of the companies started small before they become a global brand
Don't ever despise days of little beginning
$KO sold 25 bottles in her 1st year
Keep adding values to your life getting the knowledge
Take actions
You soon be recognized and earn Freedom
Most of the companies started small before they become a global brand
Don't ever despise days of little beginning
$KO sold 25 bottles in her 1st year
Keep adding values to your life getting the knowledge
Take actions
You soon be recognized and earn Freedom
6. Dividend
There are stocks that pays dividends as a return for having a share in the company
Don't always depend on making money or doing things by yourself
Employ others who are more knowledgeable than you to do it for you
It saves your time and get you a good ROI
There are stocks that pays dividends as a return for having a share in the company
Don't always depend on making money or doing things by yourself
Employ others who are more knowledgeable than you to do it for you
It saves your time and get you a good ROI
7. Diversified portfolio
Stocks are divided into various categories: Index, Etf, RE, Dividends etc
You also must create a diversified portfolio which is multiple streams
Don't be dependent of one source of income or business
Stocks are divided into various categories: Index, Etf, RE, Dividends etc
You also must create a diversified portfolio which is multiple streams
Don't be dependent of one source of income or business
You are just a step away from poverty with a single source of income
Create both active and passive income streams
It is said you need at least 7 streams of income to be a millionaire.
Create both active and passive income streams
It is said you need at least 7 streams of income to be a millionaire.
Hope you love this thread
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You can ask questions here or send me a DM to talk more.
Thanks. https://twitter.com/michaeltechs/status/1304889844619980800?s=19
Don't forget to show some love and help reach many through your Retweet.
You can ask questions here or send me a DM to talk more.
Thanks. https://twitter.com/michaeltechs/status/1304889844619980800?s=19
