Whats the best advice you've ever received in investing?

@2147mill I know an incredibly gifted forex (now crypto) trader, skin in the game for 20+ years. And his advice is this: “You are born into the world with nothing, After you’re dead and gone, you’ll have nothing, So, what do you actually have to lose? NOTHING!”

@2147mill To start. The number of people who never start for fear of losing their money is unreal. I can only imagine where I'd be now if I'd started in my twenties.

@2147mill Realise that you don't have a superpower. You can't consistently predict the market so buy solid long term investments and let time and compounding do the work. In investing, index average returns can be life changing over time. It worked for me.

@2147mill Cut your losses quick, let your winners run

@2147mill Buy the dips. Sell as close to the high as you can. Diversify and remember a loss is only that if you don’t learn from it.

@2147mill Here is the analysis! ⬇️Show more

@2147mill Buy low sell high. Simple

@2147mill Whenever you feel like you're at the peak of your rave... Don't think twice Sell

@2147mill Manage your risk

@2147mill Automate it. Monthly. Review every 6 months. Get on with the rest of your life.

@2147mill Don’t be afraid to admit you’ve made a bad investment or cut your losses.

@2147mill Have money on the side. People loose money because they lack small reserves and liquidity.

@2147mill Personally, I think you have to learn what works for you. What I do would not work for 99% of people, but it works for me. Not keen on investing advice generally.

@2147mill Avoid all advice from 'income' investors on X who haven't got a clue how covered call ETFs work who are happy to underperform the market.

@2147mill Only buy stocks you truly believe in. That way you won’t panic sell when they drop. You’ll be loading the boat.

@2147mill Be patient G.

@2147mill Market punished impatience

@2147mill The price you pay for an asset normally anchors to total return.

@2147mill Buy the dip.

@2147mill But the dip

@2147mill Always take profits on the way up

@2147mill Stop looking at your bloody positions every day!

@2147mill Hold

@2147mill Buy VWRL

@2147mill Start.

@2147mill Manage risk or risk will manage you

@2147mill When you own rental properties someone else is paying for it

@2147mill To "spend your money!" , it's really good advice actually, maybe not for payslip people but very solid advice.

@2147mill To read Smarter Investing by Tim Hale. You realise that doing nothing is as risky with inflation as the highest riskiest punt. Essentially you have to be active with provisioning for your future.

@2147mill Buy high sell low

@2147mill Stay invested.

@2147mill But property