The Biggest Investing Mistake
Most people spend 90% of their time asking:
“What stock should I buy?”
Very few ask:
“What kind of business am I buying?”
Great investors don’t chase tickers.
They own businesses.
That’s a mindset shift that compounds over decades.
Unpopular opinion : I HATE to diversify my portfolio. Why focus on many stocks when we can just focus on 2-3 stocks with real due diligence?
I feel that those who diversify their portfolios are just trading for insurance. “IN CASE” a few stocks drop, at least there are some that goes up? I dont get that logic and never will.
#stocks #stocktrading #investor #longterminvestor
I usually pick the right stocks. Just sometimes a tad too early. Solution? Buy at stages and not all in one purchase.
A lesson to remember
Always have enough cash to DCA.
Of course, provided we did our due diligence on the stocks we plan to invest in.
#longterminvestor #journeyoftrading
#stocks #stocktrading
You can EASILY beat the market or gain profit by just buying #BABA and go to sleep. Open your account 1 year later and enjoy the gains.
“the big money is not in the buying and selling, but in the waiting”
#stocks#investment#longterminvestor
300% gain in 5-7 years
20% gain yearly.
Which feels better?
Honestly i feel most people prefers to see a continuous profit each year. It makes them feel good. But if we focus on 1-2 stocks and continue to DCA when they are beaten down, i don’t think 300% gain in 5-7 years is tough to achieve.
What do you think?
We are on the brink of a recession. Prices are about to skyrocket, and Trump is busy calling people “watermelon heads” and mocking their necks.
This is how far we’ve fallen!