Hellow guys, Welcome to my website, and you are watching #8 - 5 tips to avoid that the stock market will get under your skin. and this vIdeo is uploaded by Philip Gunst at 2021-01-15T05:35:49-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | #8 - 5 tips to avoid that the stock market will get under your skin |
| Video Uploader | Video From Philip Gunst |
| Upload Date | This Video Uploaded At 15-01-2021 13:35:49 |
| Video Discription | #8 is talking to something that is one of the worst traits of the stock market - being emotionally affected by the stock market. Research indicate that everything that is impacting our personal finances is heavily correlated with our personal behavior. I know people, that are fully invested in passive index funds or ETFs, that also get impacted mentally by the fluctuations on the stock market. But how do we limit the outflow of mental capital to the stock market? I have come up with my 5 best tips to avoid letting the stock market getting under your skin or even affecting your ability to sleep at night: 1. Never invest more than you are prepared to loose 2. Risk manage (not all in, using leverage, invest in options) 3. Diversify 4. Analyze & do your own dd 5. Don't monitor your portfolio several times a day The stock market should not be perceived as a casino! Link to my Twitter profile where I post threads about individual stocks, motivation and educational elements: https://twitter.com/GunstPhilip |
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