I don’t give investment advice. Why I do all of the research that I do for this site is to peel back the curtains, to dial down the noise, separate the wheat from the chaff so that you can make your own solid investment decisions.
We don’t all take the time to do the research. In truth, some people are better at digging through the noise than others. We all have those people we listen to and trust. When we take the time to validate them we find truth and we resonate to the same information. Those become the beacons and are priceless.
Although, this time I am giving investment advice. And it’s something like this:
"Preserve capital first; grow it second. Paying off the high revolving credit is paramount."
Emphasizing the importance of safeguarding your initial investment before seeking returns.
"Risk is inevitable; manage it wisely. Don’t risk the capital you can’t afford to lose. Don’t put everything on one risk."
Acknowledging that all investments carry risk, but strategic planning and diversification can mitigate potential losses.
"Patience builds wealth; impulsivity destroys it. Learn that the real profits are made holding during the dips in the market. In the long hold term that is a buying opportunity for future growth."
Highlighting the value of long-term thinking and disciplined decision-making in achieving financial success. Dollar cost averaging.