It takes time to build a business as well as an investment portfolio. Wealth is built by starting your own business. This can start part- time beginning with a hobby or a new investment opportunity.
Be patient and focus on the risks as well.Patience is one of the most difficult skills to learn as an investor and trader. The best investors and traders understand the importance of patience. As one of Warren Buffett's rules of investing states:
"The Stock Market is designed to transfer money from the Active to the Patient." The best returns come from those who wait for the best opportunity to show it self before making a commitment. Those that chase the current hot stock are destined to loose more than they gain.
Remain active in your analysis looking for quality companies at discounted prices, but be patient waiting for them to reach their discounted price before buying.
Think for a moment how you decide on your investments.Do you just research or go for the hot tips.
Rohit
Be patient and focus on the risks as well.Patience is one of the most difficult skills to learn as an investor and trader. The best investors and traders understand the importance of patience. As one of Warren Buffett's rules of investing states:
"The Stock Market is designed to transfer money from the Active to the Patient." The best returns come from those who wait for the best opportunity to show it self before making a commitment. Those that chase the current hot stock are destined to loose more than they gain.
Remain active in your analysis looking for quality companies at discounted prices, but be patient waiting for them to reach their discounted price before buying.
Think for a moment how you decide on your investments.Do you just research or go for the hot tips.
Rohit
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