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D28.SG
D28.SG
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Friday 26 April 2024 11:25:33 GMT
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kalaivani2686krishnan
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2024-12-28 01:24:36
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Buying stock in a single company is betting that company will do better than the rest. Thing is, big companies go bankrupt all the time - and no one has a crystal ball. STOP GAMBLING WITH YOUR MONEY⁠ Putting all your eggs in one basket, aka investing in a single stock, company, industry, or even country, can be the reason why you lose money.⁠ A good investing portfolio (aka the collection of the investments you own) is DIVERSE.⁠ This is so you aren’t ever over exposed to one area.⁠ Even though the stock market is down, I’m not concerned because:⁠ I know it will come back up, corrections are normal and to be expected. This isn’t the first or last one that will happen⁠ I have OTHER investments that are still paying me out 6 figures a year (think RIETS, MICs, and real estate)⁠ AAAND I’m properly diversified so I know I’m not betting on one company to do well, I’m betting on the entire world economy. The likelihood of me losing my money is the same as the entire world economy shutting down and never ever recovering again.⁠ If you’re like, damn okay Nicole - I need to diversify, but how? ⁠ Look no further. We're teaching you investing basics in our FREE investing masterclass.⁠⁠ Link in bio under FREEBIES to grab your spot!
Buying stock in a single company is betting that company will do better than the rest. Thing is, big companies go bankrupt all the time - and no one has a crystal ball. STOP GAMBLING WITH YOUR MONEY⁠ Putting all your eggs in one basket, aka investing in a single stock, company, industry, or even country, can be the reason why you lose money.⁠ A good investing portfolio (aka the collection of the investments you own) is DIVERSE.⁠ This is so you aren’t ever over exposed to one area.⁠ Even though the stock market is down, I’m not concerned because:⁠ I know it will come back up, corrections are normal and to be expected. This isn’t the first or last one that will happen⁠ I have OTHER investments that are still paying me out 6 figures a year (think RIETS, MICs, and real estate)⁠ AAAND I’m properly diversified so I know I’m not betting on one company to do well, I’m betting on the entire world economy. The likelihood of me losing my money is the same as the entire world economy shutting down and never ever recovering again.⁠ If you’re like, damn okay Nicole - I need to diversify, but how? ⁠ Look no further. We're teaching you investing basics in our FREE investing masterclass.⁠⁠ Link in bio under FREEBIES to grab your spot!

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