💰 Wealth Management 💰

Q) Things investors should avoid doing when markets trade at a record high?
A) These are the things that one must avoid doing in a bull market:

1) Stop following & chasing indices on a daily basis.

2) Start worrying when moneymaking becomes easy. In addition, there will always be that left-out feeling in a raging bull market where everything & anything will give phenomenal returns.

3) Avoid comparing your returns with your friends & neighbours. People hardly talk about losses & mistakes.

4) The classic definition of a bull market in the shorter term is, even your mistake pays off. However, these mistakes prove costly in the longer run.

5) It’s important to maintain hygiene in the portfolio & discipline in behaviour for the overall financial well-being.

6) Also, just because indices are at a lifetime high, do not lose focus. Markets can go up from here & stay at elevated levels for longer periods.

7) One must rather concentrate to create a portfolio of companies where you do not have to sacrifice a good night's sleep & keep getting stress-adjusted returns. Take professional advice to realign & restructure the portfolio, if need be.

www.group-telegram.com/nl/financial_crypto.com/1337

57 viewsSep 5, 2021 at 16:52

Q) Things investors should avoid doing when markets trade at a record high?
A) These are the things that one must avoid doing in a bull market:

1) Stop following & chasing indices on a daily basis.

2) Start worrying when moneymaking becomes easy. In addition, there will always be that left-out feeling in a raging bull market where everything & anything will give phenomenal returns.

3) Avoid comparing your returns with your friends & neighbours. People hardly talk about losses & mistakes.

4) The classic definition of a bull market in the shorter term is, even your mistake pays off. However, these mistakes prove costly in the longer run.

5) It’s important to maintain hygiene in the portfolio & discipline in behaviour for the overall financial well-being.

6) Also, just because indices are at a lifetime high, do not lose focus. Markets can go up from here & stay at elevated levels for longer periods.

7) One must rather concentrate to create a portfolio of companies where you do not have to sacrifice a good night's sleep & keep getting stress-adjusted returns. Take professional advice to realign & restructure the portfolio, if need be.

BY 💰 Wealth Management 💰