Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Litzki1990
on 02/02/2024, 03:54:21 UTC
~~~
Money is a very valuable thing in our life. Everyone has to work hard enough to earn money, very easy but never money. Since it is difficult to make money, it is natural for an investor to think about it when he invests that money. If an investor invests the entire wealth that he has accumulated over a few months or years, he must think whether he is investing his hard-earned money in the right place. Those who have prior knowledge of investing may not worry so much after investing but this problem is more common among those who are new to investing. In the initial stage an investor thinks a lot after investing but gradually he gets enough confidence in the investment and he gradually starts to trust the investment. If we invest then we must invest with confidence in the investment and if we don't have confidence in the investment then we can never keep that investment for long and we will never get our desired results from that investment.

Whatever work we do we must enjoy that work and we must have enough respect and devotion towards that work only then we can do it properly. If we find the work we are involved in burdensome and if the work is boring to us then the work will not last long for us. People who serve in the military enjoy their job and take enough pride in their job that they can serve in the same position for 20 to 30 years continuously. It is not that everyone can work in the same position for twenty to thirty years, but those who do not have respect for their work or those who do not enjoy that work leave the job after working for some time. If we plan to invest then we must treat investing as fun and we must make sure that we enjoy the investment to the fullest. When we fully enjoy the investment, the results of the investment will definitely come in our favor after a certain period of time. We must ensure that we are not such investors that we are short-term investors, but that we invest permanently and hold on to them for the long term.

An emergency fund is definitely important for investing but not all investors can invest by building an emergency fund. There are some investors who have a small amount of money to invest and they start their investment with that small amount of money and do not build up additional funds. Additional endowment is usually done to ensure continuity of investment in which case those who have good financial support can create additional funds to ensure continuity of investment. But I think it has to be done as an investor has no such thing. Emergency fund can be stressful for some people and surely an investor can't hold his investment for a long time with pressure so those investors can invest as they want in this case there is no need to take this pressure. Investors can invest as and when they want and with as much comfort as they can invest, so if it is not possible to build additional funds, then there is no reason to take this matter as a pressure at all.  Additional funds can be taken by an investor only as an optional means.