This week, I kicked off my Year End Review, inspired by a structure created by my friend Anne-Laure at Ness Labs (access here
). I stopped publishing end of year lessons learned articles in 2018
. I wanted to share two of the many lessons I’ve captured.
3 lessons I shared to someone starting to invest in stocks and shares
1. It’s a game of inches. So invest consistently over a duration of 10-15 years with the same strategy.
2. Time in the market beats timing the markets. S&P500 index funds average a return of 7% a year on a 15 year duration. This outperforms 95% of fund managers + their team of researchers 😅
3. If you do want to invest in single stocks or funds. Allocate no more than 15% of your portfolio as its a higher risk strategy and still think long term in your allocation rather than lump sum investing.
The first two principles are widely applicable to life!
Travelling opens up your mind
Relativity and travelling are correlated. Reading is a form of travelling as valuable as boarding a plane.
Have a very Merry Christmas and Happy New Year.
See you back on Monday 11th January 2021. 💫