My mum used to duraseal my books in the mid-late 80s when i was 6-8. Im not sure how long this fad went on for. Once i got to High School, i dont remember seeing durasealed books anymore.. only the odd brainy kid lol btw, im not saying brainy kids are or were odd. They are the millionaires today *sigh 🤣
Always check the sender. If it doesnt line up with the content in email, its a scam.
Ive rebalanced my port 2 times in the last 2 months and im still winning with RKLB. Congrats to all who are printing money 👏
Consistency is key! Week in and week out accumulate stocks.
Position sizing is very important. Concentration builds wealth, but it's also a double edge sword. Build your core positions in solid companies that compound and make speculative position sizing small.
Buying individual companies, this is where the real money is. But it takes work. Reading financials, balance sheet, listening to earnings calls, understanding everything about the business products/services, Running projections bull case, base case, bear case etc.
If you don't understand it don't invest.
Know what you own. This is important because growth stocks sell off heavy at times. Its hard to hold a company thats down 40% when you don't fully understand it.
Patience is key. Let time do the heavy lifting. Focus on your income and expenses so you always have money to invest.
Ignore the noise. What is the noise? Social media, the news, some random friend, your family, the world's ending blah blah. The stock market is a great place to be and always has been. Volatility is your friend.
Never use margin.
ETF's are your friend. Use them!
Small money compounds into large numbers. Respect money and invest every dollar like it's your last! There are no shortcuts in this game. Stay consistent, work hard and you will be amazed how fast you can turn your life around.
Lastly, get around people that have 7 & 8 figure stock portfolios. The biggest lesson I learnt from these guys is their hunger & willingness to earn money and deploy it into the markets. Straight up relentless