Investing takes patience, positioning and time. Saving taxes on gains is part of the strategy. Many people have lots of success and so can you.
Investing like a pro requires strategy, discipline, and
knowledge, especially if you want to self-manage.
Here are some key tips to help you invest wisely and
maximize your returns:
1. Have a Clear Investment Plan
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Define your goals (e.g., retirement, wealth growth,passive income).
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Choose an investment timeline (short-term, medium-term, or long-term).
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Determine your risk tolerance.
2. Diversify Your Portfolio
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Invest in dierent asset classes (stocks, bonds, real
estate, ETFs, etc.).
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Diversify across industries and geographical locations.
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Avoid putting all your money in a single investment.
3. Focus on Long-Term Growth
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Think long-term instead of chasing short-term gains.
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Reinvest dividends for compounded growth.
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Stay patient and avoid emotional decisions.
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Big gains happen on very few trading days.
4. Keep Costs & Fees Low
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Choose low-cost ETFs and index funds.
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Be mindful of trading fees and management expenses.
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Use tax-ecient investment strategies to reduce capital
gains taxes in Non-registered accounts.
5. Follow a Disciplined Investment Strategy
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Stick to a dollar-cost averaging strategy (investing a
fixed amount regularly).
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Avoid market timing—no one can consistently predict
the market.
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Rebalance your portfolio periodically to maintain asset
allocation.
6. Do Your Research
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Study company fundamentals before buying stocks
(revenue, profit, debt, etc.).
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Keep up with economic trends and market cycles.
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Learn about different investment vehicles (stocks,
bonds, REITs, crypto, etc.).
7. Use Tax-Advantaged Accounts
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Maximize RRSP and TFSA contributions in Canada.
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Use dividend tax credits and capital gains exemptions
when possible.
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Consider corporate investment strategies if you own a
business.
8. Control Your Emotions
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Don’t panic sell during market downturns.
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Avoid herd mentality—what works for others may not
work for you.
9. Have an Exit Strategy
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Consider transitioning into safer assets as you
approach retirement.
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Many Target Date Funds, (2040, 2050 etc) use this system automatically.
10. Keep Learning & Stay Updated
Follow expert investors and financial news.
Read books on investing (e.g., The Intelligent Investor
by Benjamin Graham).
Adapt your strategy as the market and economy evolve.
For information purposes only. Please consult with a professional.
2025 www.levplan.com