1/1 I’ve been asked by a newbie investor to give him 10 things he should keep in mind when starting out. Everyone may have different views and put emphasis in a different way but here’s what I told him.

1/ Don’t invest more than you can afford to lose
2/ Start slowly
2/2

3/ DYOR This is a must! Check everything from management’s track record to where the growth will come from.
4/ Time in the market not timing the market. I prefer to hold most stocks over a longer timeframe
5/ Diversification is also a must
3/3

6/ Weighting’s, spread the risk atleast until you’ve become a little more experienced.
7/ Keep a core holding that pay dividends, always welcome especially when markets are angry.
8/ Don’t panic when a stock doesn’t go your way, we all lose from time to time. Fact!
4/4

9/ Avoid the herd and ramped stocks, you’ll soon get to know which stocks are ramped as in most cases you will lose
10/ Run your winners as that’s where the real money is made. Possibly the hardest rule to stick to in investing.
5/5

There’s many more I could go on and on but imv experience is the best teacher and you will learn of that I’ve no doubt. Follow and watch the experts on twitter who continue year after year to impress with their returns. Too many to mention, and of course you will need luck
You can follow @battlebus141.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.