Simran Rajpal
Different investors have different goals and risk levels. Understand if you're a long-term investor or day trader to guide your strategy.
Time is crucial in investing; even modest returns can grow significantly with time, as seen with Warren Buffett’s success.
Stay disciplined and avoid letting fear or greed affect your investment decisions for better outcomes.
Higher returns come with higher risks; balance your risk tolerance with your investment goals.
Ensure your spending is less than your income, save first, and then spend to maintain financial health.
Investing with borrowed money is risky; market fluctuations can lead to significant losses while you still owe the loan.
Educate yourself about investing to make informed decisions and avoid costly mistakes.