WORDS TO TRADE BY

-

“Don't look for the needle in the haystack. Just buy the haystack!”


― John Bogle

Trying to find the next big trading opportunity can be frustrating. That's why some traders opt to buy the whole haystack instead of searching for the needle. To do that with the market, you can invest in index funds. Index funds allow you to buy small slices of all sorts of sectors, businesses, and markets, all in one fund.

This strategy will enable you to cover all your bases at once. So, find a few industries you've become knowledgeable in and invest in a corresponding index fund. But keep an eye on it because if one sector suddenly reverses, it can impact the overall fund.

Comments

Post a Comment

Popular posts from this blog

Wherever You are NOW is Your Decision

-
Image
                                        Photo credit: entrepreneurfail According to research, very few people are successful at anything at first. I included. The reason only a tiny percentage of the population achieves any significant success or wealth through stock is that few are willing to go through the process of what it takes to achieve in the stock market, and there is no shortcut. In fact, everybody has to go through four levels of learning every single time, and often, in the process - fail, regroup and begin again. Most people blame others like government policies, currency fluctuation, political instability, the election for stopping their progress, but in truth, there's only one person who can put on the parking break and that person is YOU. Furthermore, many people drive around with the break on without knowing it, or once awareness arrives, don't know how to lift their foot off of it. That is why I have been organizing seminars and making them avail
Read more