Don't Do These Things If You Want Better Long Term Returns

user
jayc
2021-12-08

There are two apparently simple "DON'Ts" that will help you achieve better returns over the long run:

1. Don't look at your tickers daily. It never helps having to face emotions day after day even if you know how to control them. It distracts you from the long term goal (+5 years)

2. Don't surround yourself with negative people. Bears are really different to negative people because they will actually provide some bear thesis unrelated to price. Negative people will base their negativity on price and this never helps. You should surround yourself with contrarians, not alarmists.

Very simple advice that should help you keep calm when everything tumbles. It helps me at least!

$Apple(AAPL)$

$Microsoft(MSFT)$

$S&P500 ETF(SPY)$

免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。

精彩评论

  • waipoin
    2021-12-09
    waipoin
    I feel uncomfortable if I don't look at the stock price every day. What should I do?
    • 6bafac85回复jayc
      Good idea
    • jayc
      try to forget the password of your trading account
  • Bryonie
    2021-12-10
    Bryonie
    Emotion up and down when come in front of screen [捂脸]
  • Sydney1
    2021-12-11
    Sydney1
    Don't be be affected by daily, weekly or monthly dips. Look long term on trusted stocks .
    Like here please
  • koolgal
    2021-12-10
    koolgal
    I love your advice. It is certainly timely in volatile times. Thanks
  • Venus_M
    2021-12-10
    Venus_M

    Thanks for your sound advice 👍🙆‍♀️

  • waipoin
    2021-12-09
    waipoin
    Easier said than done. It's really too difficult to master the essentials of investment.
发表看法
20
3