Trying to tell me how to suck eggs. I've only done poorly when I...

  1. 1,367 Posts.
    lightbulb Created with Sketch. 274
    Trying to tell me how to suck eggs.
    I've only done poorly when I haven't listened to my own thinking.

    To be successful you need to:
    - Get the top down right (economy / sector outlook)
    - Get the bottom up right (company research / outlook)
    - Be diversified
    - Risk weight your holdings (hold less of more risky stocks)
    - Keep an eye on companies in your watchlist
    - Be open to new opportunities
    - Be brutal about selling (with profit or loss)
    Everything is dependent on your chosen timeframe of course.
    I run on a 6 month to 3 year timeframe when analysing stocks for opportunities.
    Super isn't needed for 20+ years in my case.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.