Healthy Investing Habits

May 11, 2020

Introduction

It is such a good topic. I learn the lesson from 1996 to 2019 being poor and struggle overall in my adult life. I like to start to work on personal finance research and then I start to build good habit, and choose being frugal being my slogan.

Healthy investing habits

I like to study more from this morningstar video.

Here is the link.

Healthy investing habits

9:26/ 29:00 - 17:00/ 29:00

Healthy Financial habits to cultivate now

Build good habit - really ingrained your brain -> Focus on more important task -> lead good outcome

1. Mindful spending - what do you spend money on?
2. Investment policy statement - asset allocation, when how often to revisit - enforce discipline on the plan
3. Get organized 

Great time to look into: 

What to deploy money on? -> Save more -> Investment 

Get organized - 

Create a system to get organized - system on track of ...

Financial documents on ...

Master directory - retrieve important documents