Investing in the stock market doesn’t have to be difficult or complicated. If you’re just dipping your toes into investing, or thinking about starting, chances are you’ve probably tried reading up and doing research. The problem is, the sheer volume of investing advice out there is mind-boggling, and sometimes, even downright contradictory. Hence the reason why many people end up procrastinating and not investing, even though they know they should.
What should you do? Well, there’s a simple solution that takes the path of least resistance. The golden rule (or hidden secret, if you will) of investing is KISS (Keep It Simple and Sound/Smart/Savvy). Most of us don’t have the time, energy or the expertise to keep monitoring and tweaking our investment portfolio. Especially if you’re not an experienced/savvy investor, one of the worst things you can do is to go around stock-picking. In fact according to CPFIS report,
40% of ......