What is one of your biggest takeaway from investing - Are there any important life lessons or is this just a mere pursuit of wealth? - Seedly
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Anonymous

Asked on 10 Apr 2019

What is one of your biggest takeaway from investing - Are there any important life lessons or is this just a mere pursuit of wealth?

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Geraldo L.
Geraldo L.
Level 7. Grand Master
Answered on 25 Feb 2020

Time in the market is more important than timing the market. This keeps me grounded especailly when it comes to decision-making, to not make hasty decisions if I'm not comfortable.

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Rais M
Rais M
Level 7. Grand Master
Answered on 25 Feb 2020

All I want to do is give my parents, wife and kiddos a better life. I do not want them to worry about money in future like I do now. Guess this is what they called the sandwich generation.

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MT2020
MT2020
Level 7. Grand Master
Answered on 25 Feb 2020

Honestly, this is a very personal thing. Some people invest to give their family a better life while others invest just to buy the new ferrari. For me, I invest so that the future me will be able to enjoy the same standard of living when i retire and also to leave a legacy to my next generation.

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Frankie Aufhauser-Rappaport
Frankie Aufhauser-Rappaport
Top Contributor

Top Contributor (Feb)

Level 8. Wizard
Answered on 14 Feb 2020

All about investing is philosophy:

-surprisingly non-doing leads to the best results: buy & hold, passive investing

-surprisingly fair is foul and foul is fair: professional financial experts are incapable of beating the markets contrarily to popular belief

-surprisingly the cheapest products lead to the best results: ETFs

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šŸ‘ 0

Well, wealth building is obviously a prime motive behind investing in anything. And as we invest, we also tend to learn important life lessons as shown below:

  • Never invest more than you can afford to lose.

  • Avoid copying what others are doing unless it is fully researched.

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