Diary of a Private Investor

Instead of second-guessing where share prices will land, focus on the income that a portfolio can generate

We should not hang onto businesses that are losing ground to competitors, slipping into cash flow problems and generally showing signs of distress

Investing in the markets is one way to beat inflation, and the US tariffs will no doubt be inflationary

First, build a solid portfolio. Next, invest little and often, and stay in for the long game. Also, accept that you won’t be right all the time

Building a well-diversified portfolio could be a good place to start

A long-term investor does not care about the here and now; what matters is whether the investment will be worth more in the future

A stock-market drop can be a great opportunity to buy shares, but this makes sense only if they are shares in good companies

Smaller companies tend to have simple business models that have not been complicated by frequent acquisitions and disposals

It is important to be realistic, especially about valuations, when we invest