There are many ways to make money in the stock market. There’s no right or wrong.
But given all that is going on in the markets at the moment (Game… *cough*… something… *cough*… Stop…), I had the sudden urge to share my preferred way of operating in the stock market.
I gain joy from the growth in value created by companies that are making the world smarter, healthier, happier, and richer (in any combination), by being a steadfast long-term owner of their shares.
(The Motley Fool deserves a big hat-tip for the statement just above. The Fool’s purpose is to make the world smarter, happier, and richer.)
I don’t want to profit by selling a hot potato to a greater fool so that I would not be the one “left holding the bag,” even if I know the hot potato is very much in demand. I simply derive no joy in doing so.
What’s your preferred way to operate in the stock market?
Well said! All the best in 2021!
Thanks for the well wishes, Teng Fei! May 2021 be wonderful for you – Ser Jing
I used to follow the days of Motley Fool Singapore and buy shares for dividends. I do have some shares for growth, but really alot are too volatile for me.
Thanks for the comment, Jason. It’s actually great that you realise that certain stocks do not suit your psyche. I think it is very important for every investor to know their own psychological makeup when investing – Ser Jing
Super!
It is essential to plough back into society for betterment of humankind.
Given that it is essential to back up and trust individuals who are on this path.
Re-Invest your gains from the betterment for further betterment and the whole world progresses together.
Vasudhaiva Kutumbakam! A sanskrit meaning for The World is One Family!
Best to you Ser Jing
Thanks for the very kind words, Deepak! Vasudhaiva Kutumbakam is a beautiful phrase, thanks for teaching me – Ser Jing