March 23, 2022

Ep. 10 The 4 Basic Rules of Investing

8 minutes

Investing could be confusing and intimidating if you are just starting but it’s the sure-fire way you can reach your financial goals. The good news is, you don’t need to be a guru and extremely good in numbers to invest. For most people, understanding the basics and choosing the right investment strategy is enough to get started. In today’s episode, I will go over the four basic rules of investing and share practical tips on how you could start your investment journey today.

Invest for the long term

Short-term thinking is the reason people fall into an investment scam

You need to be invested five years or longer to get the maximum return

Don’t decide based on your emotion

Fear and greed are the major forces that move the financial market

Automated savings investment and dollar-cost averaging

Diversify your investment

Go deep in one asset type

Don’t stop learning

Read and be on top of the news. Be aware of the world around you

Key Quotes

“Investing is 90% behavior and 10% IQ.”- Janilyn Sacdalan

Resources Mentioned

Charlie Munger

Warren Buffett

John Bogle

Connect with me!

Follow me on my socials: @janilynsacdalan / @inpursuit_podcast

Collaborate with me: [email protected]

Book a FREE consultation call: https://beacons.ai/janilynsacdalan

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Listen to the previous episodes here.

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