I’m only one year into my investment journey, but the lessons have been coming hard and fast. Maybe after a few more years of experience, I’ll dish some different tips, but if I had anything to tell the me of a year ago, it’d be three simple words: take…it…slow. Why?
- I bought all the stocks on my list in the first two days. While most have turned out well (thankfully), a few were bought way too high (hi, Disney). Learning to value them prior to buying would’ve saved me from those tankers.
- I was selling a few tickers the moment they turned profit if they dipped after purchase, unwilling to put up with their “negativity.” As a result, I missed a few big run-ups (e.g. Ford).
Patience, patience, patience. Investing is a long-term game after all.
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