Investing regularly
What next?
Now you have started your investment journey, sit back and relax. You may need to do a bit of tweaking to your investment portfolio every now and then depending on how you have built it, but if you are investing for the long-term you will want to avoid doing the following:
Checking your portfolio daily
Getting worried when you are down
Thinking about selling because you aren’t making a profit yet
If you can prevent yourself from doing those 3 things, you will see your investments grow significantly over time. One of the best quotes that Warren Buffett has given is from when he was asked why people don’t invest;
“Too many people want to get rich quick, not enough want to get rich slow.”
Let that sink in, and be patient. If the stock market ever begins to crash, treat it as a sale and buy more stocks for a cheaper price if you have the cash available to do so - but do not sell for a loss!
If you have any further questions on investing, please do let us know and we will answer you as soon as possible!
Thank you for reading
Thomas, The Bank Engine