Buy This One Stock In 2021

Dr. Steve Sjuggerud: How To Be a Successful Investor?

Dr. Steve Sjuggerud is going to cover some of the important basics of successful investing. These are helpful for both beginning and seasoned investors… They’re a great reminder about the most important things to understand when it comes to the market.

Dr. Steve Sjuggerud is going to cover some of the important basics of successful investing. These are helpful for both beginning and seasoned investors… They’re a great reminder about the most important things to understand when it comes to the market.

Buy This One Stock Before The End Of The Year

You aren’t going to get rich overnight through investing

A proper investment is one that has at least a two-year horizon. Said another way… Any investment that can double your money in a month is likely risky. You could lose all your money just as quickly. If you don’t adjust your thinking in line with this, chances are you’ll end up losing a lot of money.

Start small. That keeps your investing “tuition cost” low

I don’t mean “tuition cost” in the traditional sense… I call your “investing tuition” the money that you inevitably lose on your first investments because of something you didn’t know or understand. Start small, and keep that tuition cost low.

Don’t invest in something you don’t understand

One of the fastest ways to lose money is to put your funds into something you don’t really understand. If you don’t understand how you’ll make money on the investment – and you can’t point out your risks – you are not ready for that investment. Go study some more. And if you still don’t understand, simply skip that investment.

What’s a good return these days?

Is 5% a good return? In 2003, 5% was a bad return… But when banks are paying near-0% interest and Treasurys aren’t much better, 5% is (sadly) a good return on your safe money. Any more than that and you are taking on real risk.


— RECOMMENDED —

WARNING!!!

Buy This One Stock Before The End Of The Year

The clock is ticking on the biggest financial event in 20 years.

And if you want to take advantage, you must position yourself before 2020 comes to an end.

Click Here For Details


Don’t put all your eggs in one basket

Don’t put your entire net worth in one property… And make sure you spread your stock holdings around as well by first investing in funds that hold a bunch of stocks. Something like the SPDR Dow Jones Industrial Average Fund (DIA) – which holds 30 stocks, including Apple, Johnson & Johnson, Wal-Mart, and Microsoft – is a good, “one click” way to own a basket of stocks.

History repeats – or at least it rhymes

It’s amazing how investors never learn that history repeats. The 2007 to 2008 bust in property prices is a good example. In 2006, people thought property prices could never go down. Two years later, people thought property prices could never go up. The truth is somewhere in between.

Keep in mind… you want to SELL an investment when it’s expensive and everybody loves it (like housing in 2006). And you want to BUY an investment when everybody hates it (like housing in 2008). But even more important is this…

Don’t fight the trend

To increase your odds of making money, you don’t want to try to catch a falling knife. That is gambling, not investing. Instead, it is much safer to grab that knife once it has hit and settled a bit. In other words, don’t buy a stock that is going down. Instead, buy something that has started going up…

Cut your losses early

There’s no better way to prevent massive losses than to set – and stick to – an exit strategy on every investment you make. It’s the simplest thing you can do to continually increase the value of your portfolio. The best way to do this is a “trailing stop.”


— RECOMMENDED —

Do this Before Biden Takes the White House

Surprisingly, only roughly 10% of people in the U.S. have made this move… Yet it’s already created tens of thousands of millionaires.

And with Biden and company about to occupy the White House, this could prove to be the #1 most important financial step you take between now and the end of this year.

Click Here For Details


When in doubt, don’t do it

If you have any doubt about putting your money into a new investment… don’t do it. Instead, keep reading and learning. That keeps your investing “tuition cost” way down!

These are rules to live by. And they’re not just for beginners. Every investor – experienced or novice – should stick to these rules.