Comments on: Why You Need an Investment Diary (With a Backup!) https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/ Money | Minimalism | Mohawks Wed, 02 Dec 2020 21:26:26 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Joel https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311637 Tue, 20 Oct 2020 22:16:06 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311637 In reply to Mike Stuzzi.

Definitely Mike! Don’t knock it until you try it :)

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By: Mike Stuzzi https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311635 Tue, 20 Oct 2020 22:09:59 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311635 I totally agree with this. There is something about writing things down. You’ll only experience it when you start doing it!

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By: Joel https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311598 Tue, 20 Oct 2020 17:06:18 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311598 In reply to Ashley.

Awesome, Ashley! Remember it doesn’t have to be overly complicated or fancy. My “diary” is actually just a collection of scribbles and notes. Sometimes i write on a whiteboard, then take a photo of it and file it on Google Drive. :)

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By: Ashley https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311583 Tue, 20 Oct 2020 12:04:46 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311583 Great tips! I’m starting to take investing seriously so a diary is definitely the right way to keep me on track.

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By: Joel https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311253 Fri, 16 Oct 2020 19:35:11 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311253 In reply to freddy smidlap.

I’ve read some of your Missy series, good stuff! Putting info out publicly is a great way to force better research :) Also, sharing your notes/journal/blog etc gives others a chance to comment and provide input on things you may have missed. Public ridicule sucks, but some people out there can be extremely helpful. Cheers Freddy, keep up the good work!

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By: Joel https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311252 Fri, 16 Oct 2020 19:29:43 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311252 In reply to TPM.

I like that you include the research that led to the investment. That’s awesome!

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By: freddy smidlap https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311249 Fri, 16 Oct 2020 18:14:12 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311249 i can definitely say writing about stock investing moves and strategy on my blog has helped me make better decisions. i write a little malevolent missy series where she buys one stock per month and i really had to think that through to have a beginner’s perspective. if you’re gonna put that out there with potential for potential public ridicule it’s good to be clear and to be successful.

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By: TPM https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311248 Fri, 16 Oct 2020 17:40:58 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311248 Great idea.

I keep an journal of my stock investments. I write down why I made the purchase, the research that led me to the decision and the probabilities I forecasted for investment growth. It helps me keep focus if something bad happens or maybe the story changed and the reason for my investment is no longer valid.

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By: Joel https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311244 Fri, 16 Oct 2020 14:55:14 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311244 In reply to Financial Fred.

When I look back at sometimes I remember the wins and highlights more than the losses and pain points. Like selling xyz stock for a big profit, or making a good deal buying a house. I find that writing down the hard lessons keeps my ego in check :) Cheers Fred, have a great weekend buddy!

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By: Joel https://eliteedgemoney.com/why-you-need-an-investment-diary-with-a-backup/#comment-311242 Fri, 16 Oct 2020 14:22:08 +0000 https://staging.eliteedgemoney.com/?p=63364#comment-311242 In reply to The Millennial Money Woman.

Nice! Some of my notes I will probably never read again, but just the act of writing them down burned the lesson into my brain :) Glad your book is helping you along too!

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