Wealthy Living
Wealthy Living
10 Bits of Investment Advice Experienced Investors Would Tell Their Younger Selves
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Ten experienced money bloggers and finance professionals have taken the time to impart their hard-earned investment advice.
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Whether you’re reading this at the age of 15 or 75, there’s sure to be something you can learn!
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10 Investment Advices from Experienced Investors
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1. Stop aiming for short-term results
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Before we get to the nine expert investors I asked for advice, I wanted to share my own thoughts – what investment advice would I give?
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The average true range is an oscillator whose calculation involves intricate mathematical formulae.
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I’d probably tell my younger self to stop expecting short-term results.
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2. Focus on passive income
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Michael Dinich, the founder of Your Money Geek, has learned through experience that life and investment are tricky to predict.
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Contrary to conventional financial advice, he doesn’t recommend going all-out with investing from the earliest age possible.
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3. Take advantage of compound interest
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Unlike Michael, Keith is a keen advocate of investing early to take advantage of compound interest.
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