Becoming a Better Investor
How can we make our portfolio look even better? By becoming better investors. Playing the stock market is a numbers game. There are times when the Dow fluctuates leaving a wider point spread than other days. Prioritize more and plan less is some advice Alexander Djerassi would give you. Also, it is important to understand the fundamental principles between whether or not it is better to have done well in the first four months, or last three months in the stock market. While becoming a better investor, it is critical to be in good health, without that, having hundreds of thousands, if not millions becomes meaningless. Some more advice from Djerassi with technology today, and vast improvements in pharmaceuticals, be sure to have as diverse a stock portfolio as possible. Becoming a better investor is a strategy of continuous learning. Naturally, there will be hiccups along the way. There will be huge gains, too. Everything is about finding that perfect niche, and becoming an investor is no different. Other key ways to become a better investor is to read books on investing, watch shows that specialize on investing, and subscribe to various alert sites geared for stock market news. With endless amounts of information available could sometimes make it more difficult where to start first. As most things in life, the stock market is no stranger to invoking highs and lows. In any case, we become so engrossed in our investments, making our stock battles personal. But why do we get so involved? Yes, money is valuable, but it is not everything. Right? As interesting as it sounds, depending on how involved we get with our investing, could be symptomatic of bipolar depression. Sadly, people that suffer bipolar depression tend not to recognize their disease, and usually blame those around them for their failings. This is known as anosognosia. That being said does not mean everyone who invests in stocks suffers from mania, though, playing the market could exhibit addictive behaviors. Becoming a better investor we should loosen our emotional hold on stocks that may be on a downward trend, and make healthier decisions. As previously mentioned, there are many ways to become a better investor such as prioritize and start doing,(investing). Alexander Djerassi suggests reading books about the stock market, becoming a better investor, and start watching investment and financial programs. Maintain a healthy lifestyle because having big bucks is meaningless without having good health. In today’s digital world there are tons of apps to offer guidance through investing. Subscribe and get alerts and stay in the know. These are useful tools available to help get the most from Wall Street. Becoming a better investor could have a dark side, be aware of the pitfalls because the comparisons could mimic manic episodes. Offering the investor both highs and lows that very well deliver drastic emotional lows and later continuing the deception with soaring highs. Most of us want to become better investors, however we need to understand that the stock market can be addictive like gambling.