This is an opinion piece and the author or contributors may or may not be a trader. If you are a trader, then this will not affect your opinion.
If you are a reader and would like to learn more about the subject then feel free to check out my articles on different types of trading.
Disclosure: I am, or have had personal contact in the past year with the author of this post. This does not necessarily reflect the views of any of the individual authors and is, therefore, not a recommendation for anyone to start trading with the information.
What types of investment methods do you follow?
You can read an article for every category of investing
I started using stocks over 40 years ago, so of course I’ve been through plenty of different types of investments. I’m a fairly conservative optimist, and like to assume what investment types my customers will prefer to do is based on what I’ve done in the past.
I also try to follow some basic rules of thumb when evaluating investment strategies.
What’s the biggest downside of an investment?
When you start investing, there will be a couple of times where you’ll think “ah shit, I wish I hadn’t invested so much”.
Now, there’s no doubt that it’s good to spend your money for the good, but when the time comes to sell the investment, there’s a high likelihood that you’re going to be more negatively affected by not buying than not selling.
That’s why I try to avoid investing the equivalent of your rent or mortgage every year without any guarantee on its quality. Instead, I like to use something like a low-cost fixed fund or an indexed fund which have higher returns.
How much are you willing to pay upfront?
Now, this has a couple of aspects to it. One is that a lot of people think they’re going to make a lot of money trading, but that’s not always the case. For example, if you do a lot of money management and you make a small amount of money, chances are there’s going to be a bunch of people who come after you. If you’re in it for the quick cash, however, then go ahead and invest more.
The other thing is that the sooner you’ve invested, the better chance you have of picking up on opportunities that should be there anyways. So, if you need to pick up on things in the stock market right now, then you should
swing trading ea, best stocks for swing trading june 2020, swing trading stocks vs options, swing trading robinhood penny stocks, best swing trading stocks for 2020 year when is illumination