Thursday, April 7, 2022

7 things to learn as an investor

April 7, 2022

Introduction

It takes time for me to learn as a value investor or long term investor. I think that life is more important to live in peace and happy thing in daily life, but as an investor on stock market, it takes a lot of learning and pain to go through up and downs, and then I still do not make profit, and easy to see those profits to go away. 

7 things to learn as an investor

  1. Willing to lose thousands dollars to learn; 
  2. Focus on learning - at least one industry, one company, and one stock
  3. Learn how to deal with anxiety - find ways to relax, learn a new sports - skiing, go through down time easy and quick
  4. Spend time to learn more by reading, watch videos, focus on more learning habits, not profit
  5. Socialize with people, understand gambling behavior, impulse behavior, and continuously improve myself 
  6. Learn more about finance, and also be patient with all big mistakes I make 
  7. Respect the market, and do not speculate on those penny stocks or growth stock, or other poisonous stocks which may lose 90%, and then another 90%, gray stock is an example. 


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