This bull market can be lengthy – Guide to prepare for it.
While many investors are setting themselves well to protect capital in case of a fall, what would you do if the market continues to move up?
After all bull markets can last longer than you think. Here is the 5 points checklist
- Keep Return of Capital as the prime Objective. Avoid wealth destruction mistakes.
- Prepare yourself mentally for some short term falls. It can range between 10%-20%.
- Just because you move out of a company doesn’t mean it will stop growing. If a company keeps growing so will its share price.
- Stop listening to people who give you TIPS. There is a difference between return generation and wealth creation.
- Don’t fall for instant gratification. A good company that you buy post your research will quadruple first and in fact quadruple again.
