Find a balanced approach - Deepstash
Find a balanced approach

Find a balanced approach

Once you have determined your investment goals, you may become over-confident or under-confident about your financial perspective. In both cases, you stand to lose. The mantra here is to strike a balance between over-confidence and under-confidence. You should just be confident regarding your decision towards your investment or SIP plan.

18

65 reads

CURATED FROM

IDEAS CURATED BY

noviceinvestor

Income. Save. Invest. Spend 💡~ Making Careers & Investing Simpler

Market sentiments are influential in deciding the course of the market, but you should steer clear of emotions while investing in equities or even in SIP investments. You can keep your emotions at bay with the help of the following tips

The idea is part of this collection:

How To Build A Company

Learn more about personaldevelopment with this collection

How to prioritize tasks effectively

How to manage your time efficiently

How to reduce stress and anxiety

Related collections

Similar ideas to Find a balanced approach

How to create a budget

  1. Gather Some Financial Information: gather a detailed list of your income and expenses.
  2. Select a Budgeting Method: figure out how you’ll budget your money to meet your most pressing financial goals.
  3. Create Your Budget: tally...

Working with a financial adviser

Checking in with a financial adviser is strongly recommended by experienced investors, but make sure you're speaking with a fee-only expert, who isn't receiving commissions for steering you into one investment over another. 

Once you find someone acting in your best interes...

Tips for dealing with uncertainty

  • Clarify your goals and objectives, what is really important to you and what is optional. 
  • Create a map.  You need a system that allows you to maneuver when you lose perspective.
  • Go towards uncertainty. Take the first step and you’ll see that the limits of...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates