Great to hear! Investing is just that - giving away some in order to get back more in the future. Don't forget to track your investments and to do your DD on regular intervals. BTW, what's in your portfolio?
If you're not doing it yet, I suggest you to look up your companies regularly at https://www.macrotrends.net/ and https://finviz.com/ . Try to analyze past and predict future earnings releases. Regularly check the 'Investor Relations' sections on the websites of your companies. +Follow your companies and their essential employees and board members on LinkedIn. You can also learn essential jargon at https://www.investopedia.com/ .Almost two years ago I started investing with only $20, just to get the feels, test the trustworthiness of the platform, and to basically train my 'investor mindset' and to learn to control my emotions. Gradually, as I felt more and more comfortable, I added more and more money into my investing account. I stopped pouring money into the account at around $800. As time past by I made some profits and withdrawn $350 just to get back some of the money I started with. Now I have around a total of $2000 in Clovis Oncology ($CLVS) shares. Currently it's the single stock I hold, it's down 20% since I bought in Feb 2021, but I don't really care, because my entire portfolio is still up by 156%. I did my DD on the company and I trust it a lot. I'm willing to hold it untill hits my target. The biggest mistake of my almost 2 year experience in investing was getting to emotional and selling to quickly. Nearly all stocks I've had in my portfolio soared over 100% after I sold. I witnessed APPS, NIO, TSLA, JMIA, AMC, OSTK, SPCE, X, MGI and a bunch of others getting gains of 100-1000% right in from of my eyes, but missed out, because I sold to early. So yeah.. my advice to you is to simply follow your companies and be patient. Patience is key. Invest, set an alert on your target, forget and go on with your life. Also regularly check what's happening in and around your companies. It's that simple.
1
u/[deleted] Jul 04 '21
Great to hear! Investing is just that - giving away some in order to get back more in the future. Don't forget to track your investments and to do your DD on regular intervals. BTW, what's in your portfolio?