You've found a #stock that looks good.
You've read some articles, all looks good.
You make the investment and it goes wrong. Why?
Confirmation bias.
Read articles that oppose your views.
See if you still feel it's a good idea.
#StockMarket
For UK investors!
Stocks & Shares ISAs are not tax-free.
They are free from income and capital gains tax.
They are not free of inheritance tax.
Don't get caught out!
#StockMarket#isa#stockmarketuk
#Shares - High risk, high reward
#Funds - Medium risk, medium reward
#Cash - Low risk, low reward
Cash is the only investment guaranteed to lose you money in real terms.
#stocks#StockMarket#Investing
Learning to invest?
Less than 5% of your portfolio should be in shares.
95% should be in:
- Index Funds
- Active Funds
- Investment Trusts
Let the pros do the work for you.
#StockMarket
Even a broken clock is right twice a day.
Ignore people who say the market it too high
Ignore those who say the market too low.
Their personal biases are affecting their opinion.
#StockMarket
@DividendGrowth He'll be dead within 5 years regardless of the amount of money he has.
If rather have less cash and a young body than all the cash and a body on its last legs.
Own your own business?
Make sure you know how best to draw an income.
Paying yourself in dividends is often more tax-efficient.
#selfemployed#taxplanning#taxstrategies
As investors we are exposed to a level of risk
The amount of risk you should take should match your Risk profile.
If you don't know what your risk tolerance is how do you know you are investing properly?
What is the worst possible use of a smartphone?
Mindlessly scrolling through social media.
Use it to learn.
Use it to improve.
Use it to communicate.
#selfdevelopment#Health
@KeyannasPosts If you get 10% return each year and start off with $100 it looks like this:
Year 1: 110
Year 2: 121
Year 3: 133
Year 4: 146
Year 5: 161
Year 6: 177
Year 7: 195
And so on.
Earning interest, then earning interest off of your interest, then interest of the interests interest.