I believe a better way is a diversified approach which helps manage my risk by spreading my exposure across various assets. This way, even if part of my portfolio suffers, other investments might hold steady or even appreciate. This cushions the overall impact on my finances.
Dollar cost averaging to me is a more prudent approach. This time tested strategy allows me to invest steadily over time, reducing the risk associated with making a single massive bet at a very uncertain moment in time.
Slow and Steady is my mantra rather than Going All In. That is how I like to invest and achieve my goal of FIRE - Financial Independence Retire Early. ππππ°π°π°
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- 1PCΒ·04-13TOPYup, Slow & Steady PomePiPi is the way to Go πͺ @Jes86188 @Barcode @JC888 @Shyon1Report
- icycrystalΒ·04-12TOPthanks for sharing2Report
- δΈζ»ιΈ.Β·04-12θ°’θ°’εδΊ«1Report
- zumaΒ·04-12thx1Report