One mistake will be not cutting losses on those underperforming counters. The one thing that i hope someone would have taught me is on how to identify value trap counters.
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I felt that I wasted time with passive investing vehicles like robos that didn't invest in things I had affinity to.
Returns were low
Can only profit when market goes up
Moving to active investing was the best switch for me. Many things to learn, yes, but once you understand the market, you see it differently. Many more things you can do with an active approach and you can benefit no matter which way the market moves.
However, I know most people will disagree with what I said and assume anything that deviates from passive DCA stratergies is market timing. I agree no one can time or predict the market but there are clear distinctions between active investing/trading vs market timing.
But to each his own, just sharing what I would have done earlier for myself. "There are many correct ways to invest." - Warren Buffett
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Not getting into an ETF that tracks the S&P500 or the world index right at the beginning of my inves...
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