The time to churn your portfolio by cutting out bad stocks and getting into good quality stocks is “ASAP” – as early as possible. No time is too early for these kind of exercises.
Regarding timing, you again need to read Lynch and his chapter on timing the markets. He says January to March are dangerous months to buy. So are the rest of 9 months… ( Or something similar to this message – but you get the drift of his key message. )
If you seriously want to invest and have not read his book and some other basic books on investing, I suggest you do that first before buying any stock. You will be improving your odds of success by doing this. And who knows, might be on the way to financial freedom. But the hard yards of acquiring knowledge from people who matter comes first. These days a lot of new YouTube gurus keep doling out knowledge for free, or for fees. You don’t know their background. Here, atleast we know Lynch’s background. He delivered nearly 29% CAGR returns for his mutual fund subscribers for 13 years. So he knows what he is talking about.
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