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- It’s not about the smaller things...
It’s not about the smaller things...
It’s about the bigger picture.
I think the next time that we enter a bear market is what will differentiate between the long-term investors, and the short-term investors.
The bigger picture is what most people need to start looking at. Worrying about the little day-to-day investments will cost you money, health, and even your sanity.
Here’s what you should do…
Invest in companies that you really enjoy
Focus on profits, earnings, and if they’re consistently growing
Hold for as long as you can, even when there’s dips (as long as the company is performing well!)
After this, you can take out a small percentage every year, (Whatever you think is best based off of your gains!)
Example: If you earned 55% in gains this year, you can take out 5% or more.
Doing this, you should start to worry less about what’s happening in the day (crashes, losses, etc.) and focusing more on what the future has in-hold for the stock.
At the end of the day, you’re the one choosing your stocks.
I hope you have a great rest of your day! Thank you for spending the time to read!
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