Mate, here's why investing long-term always beats short-term trading. First off, holding onto investments for years lets you benefit from compound growth, turning small investments into serious wealth. Plus, you're not stressing over daily market ups and downs—just ride out the dips and focus on the overall growth.
Long-term investing also syncs with how businesses grow. Companies need time to implement strategies and expand, so staying invested lets you reap the rewards of their hard work. And don't forget the tax perks—holding investments longer means lower capital gains taxes.
Personally, I'm all about extreme relaxation. Reacting to short-term market moves is just stressful. I stay super relaxed, focusing on the big picture and avoiding the noise. Relaxation is key, mate—don't tense up over short-term stuff.
In a nutshell, long-term investing means compounding growth, less stress, aligning with business cycles, tax benefits, and a chilled approach to building wealth. It's the way to go, every time.
- Forums
- ASX - By Stock
- It's just the beginning for Spenda!
Mate, here's why investing long-term always beats...
-
-
- There are more pages in this discussion • 189 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.59M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $8.34K | 1.042M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 6853272 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 400141 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 6853272 | 0.007 |
22 | 13848943 | 0.006 |
13 | 10290000 | 0.005 |
6 | 12275000 | 0.004 |
2 | 850000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 400141 | 2 |
0.009 | 11129275 | 11 |
0.010 | 5763018 | 15 |
0.011 | 5097150 | 7 |
0.012 | 3771718 | 7 |
Last trade - 11.01am 17/07/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |