In 2014 year, some rather unexpected activity was witnessed in the stock market, in part due to the volatility of the market. It even caused panic among many investors. The current question therefore is whether 2015 will be a better year to invest our money in a particular venture. For this reason, we would like to offer some guidelines to help you prepare to succeed in your investment decisions. These are our investment tips for 2015
Check and clean your investment portfolio
This is one of the points to which we must pay more attention. Now is the best time to review our portfolio holdings to know if we have achieved our goals. In case that we haven’t, we must find out what has gone wrong. One of the most essential things is to be able to maintain an investing strategy that is aligned with your risk tolerance.
Market is unexpected
You can’t underestimate the market. Although you think that you know all you need to make the correct investment decision, the market can behave in unexpected ways. Therefore, the best option is to have a diversified portfolio of good stocks or exchange-treaded funds in every market sector.
Be a non-conformist investor
Where you can really make a lot of money is buying a bear market bottom. Nevertheless, this is not at all easy; as you have to be patient and strong to survive the volatility of a bear market bottom.
Stay away from mutual funds
It is well known that no mutual fund can beat the market over the long term. It is also worth noting that if you don’t pay attention to mutual fund expense ratios and sales fees, they could get out of hand. In addition, you must take care of what funds are recommended by advisors that are probably receiving commissions to promote this kind of investment and instead worry about whether the investment is in fact right for you.
Don’t be in a hurry to sell
Although you see that the market is bearish, the overall long-term trend continues to be on the up. If you decide to sell your shares because you think that you will lose your investments, make sure that it is due to the weakening company fundamentals and not because of a weak share price.
From International Commercial Investment, we hope that you have found this advice interesting and helpful for making your future investment choices.