myth88
2023-02-18

Keep emotions in check: Emotional reactions to market fluctuations can lead to poor investment decisions. Fear and panic can lead to selling at the wrong time, while greed can lead to buying at the wrong time. Keep your emotions in check by sticking to your investment strategy and avoiding impulsive decisions.

Understand your risk tolerance: Every investor has a different risk tolerance, and it's important to understand yours. If you have a low risk tolerance, you may want to consider investments that are less volatile and less affected by market noise. On the other hand, if you have a high risk tolerance, you may be able to handle short-term market fluctuations and take advantage of opportunities that arise.

Consider passive investing: Passive investing involves buying a diversified portfolio of low-cost index funds or exchange-traded funds (ETFs). This approach minimizes the impact of market noise by investing in the broader market rather than trying to pick individual stocks.

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.

Comments

  • intheloop
    2023-02-19
    intheloop
    Agreed, a reminder of one of the qualities to be cool to keep emotion in check although many times it is also the hardest to manage
  • EC031
    2023-02-18
    EC031
    Thank you for sharing
  • EC031
    2023-02-18
    EC031
    Thank you for sharing
  • Omega88
    2023-02-18
    Omega88
    nice
  • Alex Tan
    2023-02-18
    Alex Tan
    ok
  • YWTan
    2023-02-18
    YWTan
    👍
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