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My thoughts as an amateur investor/trader.

Which is Harder: Doing Nothing or Doing Something?

As an amateur investor, doing nothing is harder because it requires a lot of patience and trust in the market's long-term growth. It's tempting to make frequent trades based on market news or emotions and this had led to poor decisions for me.

Common Mistakes to Avoid that I have to Keep Reminding Myself:

1. Overtrading: Trying to time the market can lead to higher costs and lower returns.

2. Emotional Decisions: Letting fear or greed drive your actions often results in buying high and selling low.

3. Lack of Diversification: Putting too much money into one stock or sector increases risk.

Best Practices that I have to Keep Reminding Myself:

1. Stay Informed: Keep learning about investing and the markets.

2. Stick to My Plan: Have a clear investment strategy and stick to it, even during market fluctuations.

3. Diversify: Spread your investments across different asset classes to reduce risk.

Which Investment Philosophy Do You Agree With More?

I lean towards passive investing (being lazy 🙂). It feels safer and less stressful since it involves fewer decisions and relies on the overall market performance. Plus, it usually has lower fees.

What is Your Investment Style?

My style is more passive. I prefer to invest in index funds and ETFs, which track the market and provide diversification. This way, I can avoid the risks and complexities of picking individual stocks. However, I am also allocating a small portion of my portfolio to options trading with the aim of getting a regular income and "scratching itch fingers" 🙂.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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It feels safer and less stressful since it involves fewer decisions and relies on the overall market performance. Plus, it usually has lower fees.</p>\n<p>What is Your Investment Style?</p>\n<p>My style is more passive. I prefer to invest in index funds and ETFs, which track the market and provide diversification. This way, I can avoid the risks and complexities of picking individual stocks. However, I am also allocating a small portion of my portfolio to options trading with the aim of getting a regular income and \"scratching itch fingers\" 🙂.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a>&nbsp;</p>\n<p>My thoughts as an amateur investor/trader.</p>\n<p>Which is Harder: Doing Nothing or Doing Something?</p>\n<p>As an amateur investor, doing nothing is harder because it requires a lot of patience and trust in the market's long-term growth. It's tempting to make frequent trades based on market news or emotions and this had led to poor decisions for me.</p>\n<p>Common Mistakes to Avoid that I have to Keep Reminding Myself:</p>\n<p>1. Overtrading: Trying to time the market can lead to higher costs and lower returns.</p>\n<p>2. Emotional Decisions: Letting fear or greed drive your actions often results in buying high and selling low.</p>\n<p>3. Lack of Diversification: Putting too much money into one stock or sector increases risk.</p>\n<p>Best Practices that I have to Keep Reminding Myself:</p>\n<p>1. Stay Informed: Keep learning about investing and the markets.</p>\n<p>2. Stick to My Plan: Have a clear investment strategy and stick to it, even during market fluctuations.</p>\n<p>3. Diversify: Spread your investments across different asset classes to reduce risk.</p>\n<p>Which Investment Philosophy Do You Agree With More?</p>\n<p>I lean towards passive investing (being lazy 🙂). It feels safer and less stressful since it involves fewer decisions and relies on the overall market performance. Plus, it usually has lower fees.</p>\n<p>What is Your Investment Style?</p>\n<p>My style is more passive. I prefer to invest in index funds and ETFs, which track the market and provide diversification. This way, I can avoid the risks and complexities of picking individual stocks. However, I am also allocating a small portion of my portfolio to options trading with the aim of getting a regular income and \"scratching itch fingers\" 🙂.</p></body></html>","text":"$Tiger Brokers(TIGR)$ My thoughts as an amateur investor/trader. Which is Harder: Doing Nothing or Doing Something? As an amateur investor, doing nothing is harder because it requires a lot of patience and trust in the market's long-term growth. It's tempting to make frequent trades based on market news or emotions and this had led to poor decisions for me. Common Mistakes to Avoid that I have to Keep Reminding Myself: 1. Overtrading: Trying to time the market can lead to higher costs and lower returns. 2. Emotional Decisions: Letting fear or greed drive your actions often results in buying high and selling low. 3. Lack of Diversification: Putting too much money into one stock or sector increases risk. Best Practices that I have to Keep Reminding Myself: 1. Stay Informed: Keep learning about investing and the markets. 2. Stick to My Plan: Have a clear investment strategy and stick to it, even during market fluctuations. 3. Diversify: Spread your investments across different asset classes to reduce risk. Which Investment Philosophy Do You Agree With More? I lean towards passive investing (being lazy 🙂). It feels safer and less stressful since it involves fewer decisions and relies on the overall market performance. Plus, it usually has lower fees. What is Your Investment Style? My style is more passive. I prefer to invest in index funds and ETFs, which track the market and provide diversification. This way, I can avoid the risks and complexities of picking individual stocks. 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