How to Create an Investment Strategy If you’re serious about investing, then you must already understand the importance of an investment strategy. It’s supposed to help you invest in stocks based on some criteria that are in alignment with your needs. It...
More
How to Create an Investment Strategy If you’re serious about investing, then you must already understand the importance of an investment strategy. It’s supposed to help you invest in stocks based on some criteria that are in alignment with your needs. It also deals with the risk of impulsive trading of stocks and indulgence in following the crowd (which ensures you won’t beat the market). But you can’t just take a well-known investment strategy off a shelf and apply it. This is equal to going after hot tips. You need your own investment strategy that responds to your investment goals and allows you to look in places that other investors don’t. So how do you develop one? Well, this is what this guide is about… Follow an Investor you Trust I know. Following someone else’s investment strategy is hardly what this guide is supposed to be about. But hear me out… Starting from scratch is very hard. You will need at least some fundamental criteria in place for you to start developing your own
Less