Most of the time, you will be tempted to make changes to your investment portfolios when the market goes down or when you want to take advantage of the opportunities the market is presenting to you.

That’s fine but be informed that the market is nearly impossible to be predicted even by investors – Experienced or not. 

The truth is when it comes to investment generally, there will be ups and downs but your money is safe if you stick to your investment plan. 

Before investing, you should have a solid understanding of your investment options before jumping to the conclusion of getting new stocks because a friend or family member of yours just got new stock.

You should understand your investment strategy, time horizon, and risk tolerance before taking a step. 

Notwithstanding, your investments should rest heavily on stocks and less on other conservative investments such as Treasury bills or bonds. 

Investing in the stock request comes with essential pitfalls which make them more susceptible to ups and downs, so it’s important to educate yourself on these pitfalls and the implicit openings that stocks can produce – Good rates of return than “safer” investments. 

You’re allowed to change strategies as your life changes, not just because of request prospects, but it’s important to reiterate that you should make the right portfolio of investments and applicable asset allocation based on your fiscal status and investment appetite. 

You cannot allow yourself to presume about what might be or what not, You should only concentrate on measurable data that can help you move from being passive investors to active investors. 

As you grow, you can make changes to your asset allocation and weigh your portfolio more toward conservative investments like Treasury Bills or Bonds than Stocks. When you play it too safe, reaching your investment potential will be much harder. 

So you do not end up buying high and dealing low (the contrary to what you should do anyway), you need to learn to shut out all the temptations and continue with what you initially set out to achieve. Stick to your investment choices. It may not be easy, but it’s what helps you stay stable through the ups and downs. 

In general, stay focused & invest wisely