There’s a lot of good investment wisdom out there. Ensure you’re well-diversified, stick to quality assets, don’t overtrade and keep fees to a minimum are but a few examples. One of the simplest but most important, especially it comes to shares (or any growth asset, for that matter) is to maintain a long-term view. That can be difficult, especially during periods of uncertainty (which come frequently). However, it really is non-negotiable. If you don’t feel you can stick it out for at least five (if not ten) years, the sharemarket probably isn’t the right place for your money.
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- FrequencyUpdated Weekly
- PublishedNovember 5, 2024 at 4:00 PM UTC
- Length6 min
- RatingClean