#SundayHealthChats Basics of Investing in Shares with @trevmuchedzi @MohauHlonyana

Mistakes made:
Confusing a popular company with a good investment
Chasing performance a company that did well previously
Investing through a manager who charges alot of fees which eats into growth
When asked do you ever trade: No, don't confuse luck for skill! Try to look for long term opportunities instead

Don't invest if you're doing it for short term, commit to a minimum of 7years

Nobody cares about your money more than you. Investment managers care about fees 😁
Focus on developing the habits first not just the result. Results will follow.

Consider splitting some to an asset manager and some invest yourself while you learn.
Research tools and information

Answers don't exist on one platform. Read alot. The dots are not in 1 place. Podcasts, internet etc

If you've found a company you're interested in ask around of people who used products or services to understand why they use a specific company
If you discover a product or platform, Google who owns them as starting point for your research

When do you know when the time to buy is? Nobody knows when the bottom is. Buy gradually to average the cost of your purchase.

For a beginner start with exchange traded funds.
When you have play around money then you can start investing in individual stocks. Start small.

Trevor looks for companies in their growth phase (as opposed to established) and those that own intangible assets.

You don't need a finance background. Start small, nothing to fear.
Don't hang onto investments that are failing believing they'll recover, cut your losses.

Sam normally saves on IG, please watch if you're looking to understand the steps to start, these were my very short hand notes 🙈.

Thank you @trevmuchedzi @MohauHlonyana it was insightful
Oh he did share the link 🙂 https://twitter.com/MohauHlonyana/status/1300057982366093314?s=19
You can follow @ManokaMathye.
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