Getting ‘good’ at investing didn’t happen overnight for anyone you take finance advice from. They all learned a little bit each day and practiced by putting their learnings into action. For your little bit each day, here’s a beginner investing terminology checklist:
Hold/holding = you’re not selling or withdrawing your investments, giving them more time to grow
Diversification = investing in a variety of things so that if one thing performs poorly it doesn’t drag everything down
Bullish = the stock or market is doing well. The opposite is ‘bear/bearish’, when things are doing poorly
So many people giving advice online get caught up in their own terminology, and forget it still sounds like another language to most people who are trying to learn from them. I've been told I'm decent explaining things, I hope that rings true in this note.
Mar 26
at
4:01 PM
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