EPISODE #272: Price Predictions are Fugazi, Don't Believe Them

Published: Aug. 16, 2022, 11:53 a.m.

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I've never been a fan of price predictions. Nobody, not even Warren Buffett or Peter Lynch can predict stock or asset prices with 100% accuracy on any given day. And in reality, no one has a crystal ball so future price prediction is simply a coin flip. You're either right or wrong.

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Now for beginners, this is a pitfall. And you must avoid people or channels that only give out ridiculous price predictions and not really giving you any essential information to expand your knowledge about investing. Don't let FOMO be the prime motivation of your investment decisions.

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Study the market, read financial statements & white papers, review the investment strategies of successful investors and dip your toes into the waters. Be a responsible investor and stay safe out there!

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\\U0001f4b2Peso Smart PH is a channel that aims to educate Filipinos on how to handle their money better, invest in the stock market, take advantage of compound interest and discuss all things personal finance. I'm an avid fan of Warren Buffet, Mark Cuban, Gary Vaynerchuk, Robert Kiyosaki, Og Mandino and Tony Robbins. I wanted to share this journey with you guys to broaden my understanding and knowledge in the world of investing, money and wealth.

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\\U0001f4c3 Disclaimer: I'm not a financial advisor and I simply share my experiences and knowledge in the Philippine stock market. All my content are made for educational and informational purposes only and should not be deemed as financial advice. Trading stocks, cryptocurrencies and ETFs poses a risk of loss.

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#predictions #crypto #market #stocks #investing #gambling

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Connect with me @emmanpsph on all socials (Facebook, Instagram, Twitter and TikTok)

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