April 23, 2024

Top 11 tips for new investors

  1. Invest in what you understand
  2. Don’t confuse investing with trading
  3. Automate emotions out of the way
  4. Create rules for when to get in and out
  5. Start noticing you FOMO (Fear Of Missing Out) investments
  6. Don’t over analyse -> analysis paralysis
  7. Have a plan, stick to it
  8. Reflect on previous investments
  9. Don’t think you can beat the market
  10. Realistic expectations (10%+ is a good year)
  11. Time in the market -> timing in the market