Everyone at some point wants to make money from their investments in the stock market. And that’s why we are talking about this topic.
TakeAway 1) Try To Temper Your Enthusiasm When The Good Times Come.
As you might know the market will go up, and when it goes up then it means that you are making money.
But when these good times comes you gotta keep in mind that in the future will be less bright.
TakeAway 2) Become More Optimistic If The Bad Times Comes.
When the down time comes as it often does then you should cheer up because the market will go up at some point in the near future.
And it is important to stick out the bad times because the brighter times will come soon enough.
TakeAway 3) You Can Get Average Return If You Only Buy And Hold.
It is important for you to know that if you sell and buy and don’t hold anything for a long period of time then you expect to earn less.
This is because the commissions and taxes will eat up much of your returns. And sometimes you can also very poorly time the trades and the market. which means that you wont earn as much as you would want.