1) Follow investors on social media
There is a wealth of investment advice on the various social media platforms. Curate the people you follow according to their track record.
2) Don't just think about tax savings
Do not simply invest because of tax savings.You can take them into account during the decision making process but it shouldn't be your guiding factor.
3) Keep it simple
Don't invest in complicated assets. Straight forward investments are more likely to result in sustainable returns.
4) Don't speculate
Speculating on the psychology of the market is risky. Successful investment favours those who hunt for value, not trend chasers.
5) Strategy and discipline
Don't let your feelings determine your decision making process. Executing your strategy with discipline beats emotion when it comes to investing
There is a wealth of investment advice on the various social media platforms. Curate the people you follow according to their track record.
2) Don't just think about tax savings
Do not simply invest because of tax savings.You can take them into account during the decision making process but it shouldn't be your guiding factor.
3) Keep it simple
Don't invest in complicated assets. Straight forward investments are more likely to result in sustainable returns.
4) Don't speculate
Speculating on the psychology of the market is risky. Successful investment favours those who hunt for value, not trend chasers.
5) Strategy and discipline
Don't let your feelings determine your decision making process. Executing your strategy with discipline beats emotion when it comes to investing
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