Your Cheat Sheet For Smarter Investing
Life Kit: Money
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The Next Investing Life Lesson From David - Don't Buy Individual Stocks
Don't buy individual stocks. Instead, invest in the entire stock market using index funds. Losing money feels really painful; a loss is twice as bad as an equal sized gain. Don't jump off the stock market roller coaster after it plunges down. If you sell your stock at the bottom, you are locking in those losses.
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