Start Early
If You Want To Create Wealth Over Time Two Things Matter Roi & Time Frame. So Maximizing Your Time Frame Will Maximize Your Returns Even If Your ROI Is Average.
Invest Consistently
Doesn’t Mean You Need To Invest Every Time, It’s Okay Not To Trade Someday When Stocks Are Not Trading At Reasonable Valuation But Refrain From Long Breaks
Think Long Term
“Only Buy Something That You’d Be Perfectly Happy To Hold If The Market Shut Down For 10 Years.”
-Warren Buffett
We Don’t Need To Say More.
Diversify Your Portfolio
You Increase Your Chances Of Destroying Your Portfolio By Limiting Yourself To 1 Or 2 Stocks. Save Yourself From That By Diversifying Your Investment to 5 Or More Stocks.
Never Borrow To Invest
Always Invest The Amount You Have Surplus Don’t Get Yourself Into A Debt.
Invest In What You Believe
Convince Yourself Why You Want To Invest In Particular Stock With Reasons & Facts.
Ignore The Short Term Fluctuations
Stock Markets Work On Sentiments Of Greed & Fear, Fluctuations Are Bound To Happen If Fundamentals Of Company Are Strong Ignore Short Term Fluctuations.
Invest What You Can When You Can
Investing Even 500 Will Matter For You Always Remember Time Plays Big Role In Compounding.