Dec 20, 2021 • 18M

Lost Money in the Stock Market? My 3+1 Rules on Investing

This podcast is not about telling you to have diamond hands or all that BS, not at all, its about dealing with losses and understanding that months like this one are unavoidable but manageable.

1
 
1.0×
0:00
-17:58
Open in playerListen on);
Welcome to Aconomics. A podcast that covers Finance, Economics, Stock Market and Entrepreneurship. Get an Aconomics episode every day! Find Aconomics Podcast anywhere you listen to podcasts and also check out our YouTube Channel and Newsletter!
Episode details
Comments

I lost money this past week and it hasn’t been the best year - China - inflation FED - Corona.  This podcast is not about telling you to have diamond hands or all that BS, not at all, its about dealing with losses and understanding that months like this one are unavoidable but manageable.

And I have 3 rules on investing (and 1 extra that applies to everything) that can help you manage this type of situation and would love to hear if you have some as well.

A little bit about myself just for you to frame this video accordingly, I'm a long term investor, I don't do trading, I put money in the markets every month, sometimes twice a month and rarely, vary rarely, sell, but I'll talk about my personal strategy in another podcast so subscribe :)

Now, lets get back to the main subject which is my 4 rules on investing that will help you manage the loosing part of investing in the markets.

Rule N1: Understand yourself as an investor

Are you patient or impulsive? Are you investing long term or not - stop loss - Do you have time to do in-depth research to be confortable - realistically- picking stock or should you just do index-funds. - Are you using money that you really wont need? - Are you curious? Do you enjoy learning about companies, finances, sectors, etc?

Rule N2: Be analytical and pragmatic not emotional

Don't believe everything you hear or read. - People (even journalists) have biases.  - Avoid FOMO - if you did your research and are confident about your strategy, you shouldn't care. - I made this mistake recently with CureVac - Sell if you made a mistake in your analysis or when the your analysis outcome changed and you wouldn't buy it anymore, not just because of a price drop.

Rule N3: Have Long term perspective

If statistics can be believed, the must secured way to invest is long term. If we check the sp500 - dow jones  for example... - Research not only the company but the macro as well - Accept that there are somethings you cant control

Extra rule: Align your investments with your believes.

Enjoy and spend your time in things you don't believe or like! There is nothing worse than loosing money on an investment you didn't even like!  defense companies, tabaco companies, some pharma companies.

#Stocks #Investing #Markets

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗔𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀 & 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗗𝗶𝘀𝗰𝗹𝗮𝗶𝗺𝗲𝗿: All content in this video is for entertainment purposes only. Some links are Affiliate links. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In no event will I be liable for any losses or damages arising from the use of content from any of my platforms, including, but not limited to, YouTube, Twitter, TikTok, Instagram, other social media nor Website. I reserve the right to change my opinions and entertainment content at any time. Please be sure to do your own due diligence.