Below, we have compiled a set of golden rules for investing that we personally follow in real life. These principles are not technical in nature, but they serve to keep our vision clear. We encourage you to share your own additions to this list in the comments section :)
1. Avoid heard mentality - Sheep get slaughtered
2. Do not invest in what you don't understand - The fear of uncertainty will keep you from a sound good night sleep
3. Take an informed decision - When you understand your actions, you do it with confidence.
4. You can never precisely buy the bottom and sell the top - It is what it is.
5. Discipline and consistency pay the highest - Compounding Works wonders
6. Be an emotionless machine while investing - adhere to your investment blueprint
7. Be realistic and reasonable with your expectations - Rag to riches takes time
8. Diversify your portfolio - All Eggs in one basket is a No No
9. Do not invest your Bread and Butter - Essentials first.
10. Monitor and churn your investments with time - Because 'Heera hai sada k liye' is not true either.
What are your thoughts? Feel free to comment. If it helped, Do Leave us a boost 🚀
Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
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