What is the best investment tip you ever got? - Seedly
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Anonymous

Asked on 26 Feb 2019

What is the best investment tip you ever got?

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None really. More like investment wisdom, since tips sound almost akin to insider knowledge!

There is some truth in the common adages, which have been mentioned in the other answers.

Amongst the ones that apply to me most would be

  • Be greedy when others are fearful, be fearful when others are greedy

  • Investments should be boring, then you know you will be making

  • Buy at prices you would not sell at, sell at prices you would not buy at.

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👍 3
Geraldo L.
Geraldo L.
Level 7. Grand Master
Answered on 06 Mar 2020

“When a person with money meets a person with experience, the one with experience ends up with the money and the one with money leaves with experience” by Warren Buffet.

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👍 1
MT2020
MT2020
Level 7. Grand Master
Answered on 06 Mar 2020

Time in the market is always better than timing the market.

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Joe Lee
Joe Lee, Adventurer at Game of Life
Level 5. Genius
Answered on 06 Mar 2020

Don't ask a barber whether or not you need to cut hair. HAHAHA

Basically do not listen or believe people who does not have your interest at heart or have conflict of interest.

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👍 0
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered on 06 Mar 2020

-to buy with ultra longterm buy&hold strategy largest&cheapest well diversified passive indexing stock ETFs

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👍 0
Andy Sim
Andy Sim, HR Professional at a Financial Institution
Level 7. Grand Master
Answered on 06 Mar 2020

From Warren Buffet: The best move...is usually boring

1 comment

👍 0
Frankie Rappaport
Frankie Rappaport

06 Mar 2020

Excellent, no adrenaline, returns up (though slow motion)
Rais M
Rais M
Level 7. Grand Master
Answered on 06 Mar 2020

Invest what you know by Peter Lynch. It helps to keep my investing simple.

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👍 0
Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 03 Dec 2019

Do your due diligence

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👍 0
Richard Woon Tian Jun
Richard Woon Tian Jun
Level 7. Grand Master
Updated on 16 Mar 2019

Costs will kill you over time, always make sure to make cost-efficient investment decisions. Money that you don't get due to these costs is money you lose!

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Isaac Chan
Isaac Chan
Level 8. Wizard
Answered on 16 Mar 2019

Don't let your emtions get a hold of you!

Don't be too greedy!

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Dont invest in things that you dont understand at all and do your research first.

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