Stock market 📈 survival tips –

1. Buy what you know – Never buy a stock whose intrinsic value you can’t estimate reliably – and always get a big discount when you buy.
2. Allocate to value: Wait to make major investments when other investors are panicking and truly safe, outstanding opportunities abound.
3. Use good money-management techniques. Follow position-sizing guidelines and trailing stop losses. Never own more positions than you can carefully follow. Always keep a large cash reserve.
4. Do everything you can to avoid fees and taxes. Simply avoiding a 2% annual fee against your asset base (by not using money managers) is the No. 1 surest way to outperform your peers.

Spread the love