“Steady, Lower Risk (Long-Term Growth)” or “High-Risk, High-Reward (Short-Term Gains)” is a difficult choice between two options
Slow and steady approach of investing in $S&P 500(.SPX)$ may double in six years. This method is less risky and offers a more reliable, albeit moderate, return on investment.
You can earn extremely high returns (40,000% - 80,000%) within 2 hours through speculative investments like SPX puts last Wednesday.
There's no right or wrong approach. It's about understanding oneself and making choices aligned with personal risk tolerance and life goals.
Did you know yourself and follow your heart in 2023?
Have your investment decisions align with your personal goals?
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investment decisions align with personal goals - perhaps, it's a yes and no... still a long way to go... so at times I hop into "dream world" to join the likes of uncle buffett, auntie cathy, the charismatic one, hoping to get some "tips" from them [Duh]
do I know myself in 2023 [Glance] [Smug] [Victory] [Thinking] [Helpless] still discovering... still wondering... still reflecting... [OMG] 2024 just days away... wake up, wake up from dream land...
@GoodLife99 @Universe宇宙 @rL @HelenJanet @DiAngel @Shyon @Aqa @Zarkness @xXxZealandxXx @koolgal @LMSunshine
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🌟🌟🌟In investing there is a saying "To Thy Ownself Be True". In other words to be honest and be cognizant of my goals, aspiration and risk appetite.
I like a slow and steady approach to investing, building my portfolio step by step, little by little, and over time through the magic of compounding, I hope to be rewarded with outsized gains. Investing is after all a marathon, not a sprint.
@Tiger_chat @TigerStars