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
"The big money is not in the buying or selling, but in the waiting." - Charlie Munger
"If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes." - Warren Buffett
"Someone's sitting in the shade today because someone planted a tree a long time ago." - Warren Buffett