INVESTMENT THAT WILL MAKE YOU GROW !!!
As Warren Buffet said “If You can’t keep a stock for 10 years don’t own it for 10 minutes”
Just like Argentina winning the Copa cup wasn’t a one-night dream or effort to achieve. It took lots of patience and a positive approach from the team members and their support staff. The same is the case with your investment, your wealth will double but it needs time, patience, and a positive attitude.
Investments are of two types.
- Short Term Investment.
- Long Term Investment.
The short-term investment includes the investment with the span of only one year. Short-term investment might give you instant profit and might entertain you but there are risks involved in such type of investment. It also comes with high costs due to high transaction volume. Short-term investment simply means considering what is in front of you. While long-term investment is quite different…
- It gives your money time to grow, the longer you keep the money, the more you will get the compounded benefits.
- There are fewer trading fees, traders charge you for your trading activities. so the more you jump in and hop out, the more you will pay the trading fees.
- It’s easier to trade for Long term investment, you don’t need to have specialized knowledge for trading. The long-term approach will give results on the smallest amount of savings.
- Few technicalities are lost in the time and we expect to win profits if we see a stock price rising. Long-term investments give you a chance to keep an eye on them and check out your opinions to maximize your returns.
- It is really easy for anyone to do, sure, you’re not always going to be right, but don’t worry, even the greatest investors are wrong a third of the time or more. But with long-term investing, there are no hassles about learning different trading styles or platforms since you won’t be an “active trader.