As an amateur investor in stocks and shares for a few years now, I have learned a few things about the stock market and how to invest in a way that is both profitable and sustainable.
Chief among the things I am learning is that investing is a long-term game. It is not a get-rich-quick scheme, but rather a way to build wealth over time.
Never underestimate the power of compounding, diversification and the importance of having a diversified portfolio.
However, it is also important to not get sentimental or emotional about a stock or a company and be willing to sell it under certain circumstances.
This is not financial advice, but rather a reflection of my own experiences and learning.
Quotes
Charlie Munger
"The big money is not in the buying or selling, but in the waiting."
Warren Buffett
"If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes."
Paul Samuelson
"Investing should be more like watching paint dry or watching grass grow. If you want excitement, take 800 dollars and go to Las Vegas."