Read on Twitter
๐๐ฎ๐ฅ๐๐ฌ ๐จ๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ข๐ง๐ ๐๐ก๐ซ๐๐๐
The entire thread summarizes some important rules with respect to investing. Inspired by legendary traders,these will not only help you to grow wealth,but also make a smart investor. Hope you would like the thread & shower some love
The entire thread summarizes some important rules with respect to investing. Inspired by legendary traders,these will not only help you to grow wealth,but also make a smart investor. Hope you would like the thread & shower some love
Rule 1: Bulls, Bears Make Money, Pigs Get Slaughtered so chose your category wisely
Rule 2: It's OK to Pay the Taxes,Dont just wait for a 10% LTCG always. Sometimes you know it won't pay you
Rule 3: Don't Buy All at Once,Have patience market will give enough opportunities
Rule 2: It's OK to Pay the Taxes,Dont just wait for a 10% LTCG always. Sometimes you know it won't pay you
Rule 3: Don't Buy All at Once,Have patience market will give enough opportunities
Rule 4: Buy Damaged Stocks, Not Damaged Companies. Understand the diff b/w undervalued stocks and no value stocks. Everything cheap is not bargain,it could be trap.
Rule 5: Diversify to Control Risk,make sure you don't put everything into one stock,one sector or one asset class.
Rule 5: Diversify to Control Risk,make sure you don't put everything into one stock,one sector or one asset class.
Rule 6: Do Your Stock Homework. You spend 5 hours to buy a cream on Amazon but research for 1 hr based on buying a stock on twitter! Well,do your homework.
Rule 7: No One Made a Dime by Panicking .Invest 2-10% and leave rest. If it falls,pain will be low,if moves,no FOMO haunt
Rule 7: No One Made a Dime by Panicking .Invest 2-10% and leave rest. If it falls,pain will be low,if moves,no FOMO haunt
Rule 8: Buy Best-of-Breed Companies,This doesnt mean you have to invest in the most expensive companies,all it means is you need to buy co.s with good earnings,promoters and sustainability
Rule 9: Defend Some Stocks, Not All
Rule 10: Bad Buys Won't Become Takeovers,STOP hoping
Rule 9: Defend Some Stocks, Not All
Rule 10: Bad Buys Won't Become Takeovers,STOP hoping
Rule 11: Don't Own Too Many Names,Diversification is fine but don't overdiversify like 40-50 stocks. It would diminsh the returns on portfolio.
Rule 12: Cash Is for Winners,Holding on to cash is never bad,sometimes during dark times it helps to buy things at bargain
Rule 12: Cash Is for Winners,Holding on to cash is never bad,sometimes during dark times it helps to buy things at bargain
Rule 13: Expect, Don't Fear Corrections. Corrections and fall are a part of cycle but remember markets historically after a pause have always moved up. Its good to trip positions in expectations but not fear.
Rule 15: Don't Forget Bonds. Diversifying some part here is good.
Rule 15: Don't Forget Bonds. Diversifying some part here is good.
Hope the thread helped you to build a perspective. In case you liked, RT will be appreciated for better sharing and reach. Will be putting up more informative threads on trading and investing,based on response.
Keep learning
Keep sharing
Keep growing
#AKAL
Keep learning
Keep sharing
Keep growing
#AKAL
