How Do We Discipline Ourselves When Investing?

 

I had the intention of investing, but in the middle of the trip it suddenly stopped.

Already intending to invest, but seeing the price increase a little, it's been sold.

Already have an investment intention, but suddenly the investment funds are being used for other things.

Who do you think has experienced the incident above? So here we provide tips for you to stay disciplined in investing. What are you doing?

Focus on the Final Destination

Before investing, make sure that you have an end goal first. Do you want to focus on getting a certain amount of money or get passive income?

For example, you want to invest to buy a new house, so here you have to focus on finding capital gains. But if you want to invest so you can retire early, you have to focus on finding assets that can generate passive income.

Find the Right Investment Assets

If you invest with a short-term focus, then it's not suitable for investing in stocks. You will be more suitable to enter deposits or the money market mutual fund market.

But if you are an investment that focuses on the long term, then don't rely on deposits. It's better for you to invest in quality company stocks for the long term. So after knowing what your ultimate goal is, don't forget to find the right investment asset for you!

Consistent Investing Every Month

The key for our investment to be maximized is to be consistent. Yup, consistency is the key . This sounds trivial but hard to do. Especially if you see that the price has gone up a little, you must be selling it in a hurry.

Being consistent is like you repaying a mortgage every month. The target is indeed big, but because it is paid in monthly installments, collecting it is light. So, for those of you who want to invest, try to be consistent from now on.

Lokasi:

Berbagi :