🤩Investment's 'Sleep Test'

Investment's 'Sleep Test'

"One of the important investment principles that must be followed is whether your investment protects your mentality.
If your investment keeps you awake, and it has a huge impact on your present life in the extreme, it doesn't have much meaning to follow

This approach is like playing Russian roulette.
You just put 1 bullet in the revolver, randomly turn the yarns, and then shoot them in the head.
Probabilistically, 5 out of 6 are empty, so the probability of survival is 83%.
But as soon as you get to that 17%, you don't even have a chance to try 83%.

Just as the odds of dying in the Russian roulette are minimal,
If you make the wrong investment, you can get a return in the short term,
It has potentially serious, irreversible consequences.
The 'possibility' of high and fast returns should not prevent you from seeing the implied risks.

My investment strategy has a simple 'sleep test'.
If I can't sleep due to fluctuations in my portfolio or stock, I don't let it go.
Personally, I have never suffered from sleep deprivation due to investment,
This is terrible and the same is true in a declining market.

Keep in mind, the purpose of investing is not just to build wealth, but to the extent that it doesn't harm your whole life.
Growing your account while maintaining a peaceful state of mind is a smart measure of investment.