It’s a Monday so let’s keep it simple for your investment.
Time in the Market, not timing the market
Investing is a long-term commitment. The market has a behavourial ups and downs in cycles that cannot be predicted with accuracy. can’t be timed. Investing for years or even decades will give you time to rebuild asset value even if you hit a downturn at the wrong time. Invest, not trade. Unless you have fully affirmed the confidence to partake in the risks of trading.
Diversify your investment
Keep a healthy proportion of your investment across investment classes, asset types, even across industries or markets. By doing so, you do not allow any single issues to wipe out your wealth overnight. For example, you can diversify with low-cost, index ETFs while avoiding stock picking at the same time.
Ingrain regular investment plan habit
Market experts and analysts have constantly call...