Wednesday, September 29, 2021

What has Experience Investing In The Stock Market Taught You?

 With over forty years of investing in the stock market behind me there are lots of things that I have learned.

William, wears a black tee shirt bearing the face of a black labrador retriever.  A sixtieth birthday gift.


Maybe not how to dress well. The one key to investing is to know yourself.


I know that I am not the best dressed, but I love my Black Lab, Leif and this shirt is pretty comfortable.


But  anyway.  Investing.


Well investing requires self knowledge.


Why?  I tell you in this video.





Beside all the information in the video.  I have learned that you need to consider investing as a long term plan for wealth creation.  There are hundreds of people a day who will tell you that they have the answer to get you rich overnight.  Well generally their get rich quick schemes mean you give them your money to learn something that you could have got for free.  No one looks after your money as well as you do.


Always look for quality stocks, they pay well in the long run.


Feel free to set aside some play money, but don't play with your main investment accounts.


Play only with money that you can afford to lose.  Protect your core accounts.

 

 


Lab Dad Black Labrador Retriever T-Shirt
amzn_assoc_marketplace = "amazon"; amzn_assoc_region = "US"; amzn_assoc_design = "enhanced_links"; amzn_assoc_asins = "1781258600"; amzn_assoc_placement = "adunit"; amzn_assoc_linkid = "2b622b39a61ca2e4f8ea0aee5881081d";
Lab Dad Black Labrador Retriever T-Shirt
 
I have created a core brokerage savings account with M1 Finance. This account is for doing fun stuff.
 
M1 allows me to buy fractional shares, so I can afford to buy high priced stock like Amazon (AMZN ), Alphabet (GOOG ) and others.  I built a core account of just over thirty stocks in January 2020 starting with just $100, plus a $30 bonus because I followed an affiliate link like this one.  Now that core holding is worth in excess of  $1,400 and is paying me regular dividend income.  I invest just $17 per week and everything is invested automatically. Simple
 
You too can open an M1 account and earn a $30 bonus when you use this link. 
 
 

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