What is the best investing advice you have received?
Sharing about investing advice that I have received in my 30 years+ experience is channeling through decades of knowledge across various stages.
Nonetheless, here are two of the best pieces of investment advice I have received and look back at through the years:
- Never sell your equity cheap-
One should never sell equity at a shoddier rate. We should continue investing and buy shares at a reduced price.
- Make them work for equity-
Entrepreneurs investing in their own companies must bring in the expertise they need by paying equity instead of salaries. It aids to build together while saving funds initially.
Some other pivotal advice that will benefit with investment decisions include:
- Every investing advice is quantifiable. It is non-negotiable.
- The most beneficial advice is what comes off from a Dumb man learning to speak. So, value it.
- Stay Invested. Timing the market is like wanting to stay constipated!
- Procrastination is last nights’ word for todays’ investing.
But there is one piece of advice that can dramatically change how you look at investing- The way to get started on investing is to stop talking.
About Xanara
Xanara is a private banking and wealth advisory focused on developing and implementing transparent and client-centric, financial solutions that are backed by expertise. We understand the weight of our solutions and act with the utmost care, resilience, and most importantly, integrity.