All of them should have stuck with the game-changing consumer technology company, though. The stock soared to a high of nearly $500 per share earlier this year, which at the time was almost a 3,000% run-up from its very first trade as a publicly traded company.
Rewarded patience is only part of this lesson, however.
Ever heard of the Pareto principle, sometimes called the 80/20 rule? It applies to the investing world as well around 80% of your gains will come from roughly 20% of your positions.
The catch: You don t know which 20% of your stocks will do the heavy lifting. You just have to be willing to leave things alone when one or more of your holdings starts going ballistic.
Let s Abandon These 4 Stock Market Myths for a More Profitable Future
news8000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news8000.com Daily Mail and Mail on Sunday newspapers.
Earn $1,000 in Monthly Retirement Dividends With 4 Easy Steps
kxly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kxly.com Daily Mail and Mail on Sunday newspapers.
3 Investing Tips for People Who Don t Follow the Market
news8000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news8000.com Daily Mail and Mail on Sunday newspapers.
3 Cathie Wood Stocks That Are Better Than Dogecoin
news8000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news8000.com Daily Mail and Mail on Sunday newspapers.