4 Point Guide To Getting Started As A Small Investor In 2021
April 19, 2022 · 1 min · 200 words · John Hull
Table of Contents
Stick to your investing game plan (don’t panic sell!): Your broad plans shouldn’t change on a daily basis, so don’t be tempted to make random decisions. Invest Routinely and Predictably: If you’re lucky enough to still have a paycheck or to be making contributions to a 401k during this challenging period, don’t stop. Each time you get paid, put a little more money into the market. Don’t worry if it is an “up” day or a “down” day - in our experience, keep investing throughout the ride for the best performance. Don’t worry about where the bottom is: Because nobody, and that really does mean not a single soul, could know! Revisit your allocation: Use this as an opportunity to revisit the funds and stocks you’re invested in - how do these match up with your long term goals? Just because an industry has suffered recently, doesn’t mean it’s a bad industry to be invested in, but if you’re worried about the immediate risk of liquidity or bankruptcy with your investments, maybe take this as a sign that you should balance out riskier investments with some larger and better-capitalized companies.