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This podcast was inspired by the book “The Power of Habit” by Charles Duhigg. You can support the podcast by purchasing the book through one of my affiliate links:
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Keystone Habits of Investing
With investing there are both habits that you should consider adopting and habits that you should avoid.
Positive Keystone Habits of Investing you should adopt
- Read one 10k every week.
- Always write out an investment thesis BEFORE purchasing shares of stock in any company.
- [Patron Only Benefit] – Read the Buy Thesis that I have written for the stocks that I buy.
Negative Keystone Habits of Investing you should avoid
- Checking stock prices every day
- Once a week is the most frequently you need to check your stock prices.
- Ideally, target once a month.
- Use price alerts for stocks you’re interested in buying. That way you will be alerted if they hit your buy price. Otherwise, don’t spend any time worrying about stock prices.
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This is a podcast supported by listeners like you. If you’d like to support this podcast and help me to continue creating great investing content, please consider becoming a Patron at DIYInvesting.org/Patron.
You can find out more information by listening to episode 11 of this podcast.
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