Charting, page-1982

What was/is important to us is having a strong financial plan and sticking with the long term game plan (We have never seen a financial advisor)

1) To be in a position to retire early - comfortably - Tick, done, we are loving it. Do the hard yards early. Sacrifice. Mummy doesn’t really need a Merc to drive the kids to school.
2) Portfolio diversity (many disagree with this - we hold 9 long term stocks - 4 hero stocks, 4 roughies - EV sector, green steel, renewable energy - and 1 blue chip) It’s nice to see some green on red days.
3) Strong fundamentals. When in doubt go back and read them again.
4) Market fear - be an intelligent investor. Get rich quick doesn’t work. Patience creates future wealth. Life wasn’t meant to be easy.
5) Inflation - knuckle down. Do a budget and stick to it.
6) In good times - Put money aside to manage number 5.
7) A holiday account - Essential. Gotta live!
8) It is okay to be frustrated. The stock market is a love/hate relationship.
9) Buy the worst house in the best Street. Location matters.
10) Always DYO research. Never buy a stock just because someone on HC recommended it. Understand the stock.
11) NEVER overcommit - or number 5 will bite you on the ar$e. Invest with the belief that a recession could happen tomorrow. Be in a position to hold and still survive.
12) Learn from your mistakes. Market PANIC - it’s real. We panicked in 2009 - big mistake. Huge! Set ourselves back 8-10 years.

This is not financial advice.