6 Principles of Long-Term Investing
6 Principles of Long-Term Investing
6 Principles of Long-Term Investing
We believe that increasing your wealth over time is about more than making the right stock picks. Over the years, we have observed the effect of fear, greed, lack of discipline and many other the pitfalls that investors experience.
Successful long-term investing isn’t just about picking the right stocks or timing the market. Many investors make mistakes due to fear, greed, and poor discipline. By following six principles, you can improve your investment decisions. These principles aren’t foolproof, but they offer guidance to avoid common pitfalls and stay focused on long-term goals.
One key principle is to avoid following the crowd. By the time a trend becomes popular, it may be too late to profit, as prices are often inflated. Instead, focus on objective research and calculated choices. Another important principle is diversification. A well-diversified portfolio can reduce risk and help navigate market …
