BONSERNEWS.com – The Minister of Tourism and Creative Economy (Menparekraf) Sandiaga Uno shared tips on how to profit or earn investing in the capital market.
Sandiaga Uno, who is known as a successful entrepreneur, often shares tips with millennials or gen z for investing.
This time, Sandiaga Uno shared tips on how to get money by investing in the capital market. According to him, the key to investing in the stock market, especially stocks, is patience.
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“I believe that fortune will not be exchanged. Patience in investing is absolute,” he said in a post on his personal Instagram account @sandiuno on Thursday, January 12, 2023.
Furthermore, according to the shareholder of PT Saratoga Investama Sedaya Tbk (ticker code: SRTG), it is important for investors to pay attention to fundamental aspects when investing.
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“Don’t join in. You really have to see if the management is good and trustworthy. Just look at the CEO, is he trustworthy? One word with his actions, fighting not for his company,” he said.
In addition, he also encouraged investors not to be easily tempted by declining stock prices. In addition, the stock price has fallen significantly.
“Never catch a falling knife. Don’t buy stocks until the price really drops to its bottom,” he continued.
Sandiaga told me that in the past, when he was managing investments. He conveyed, for example, there are sectors outside the investment list whose stock movements fluctuate, such as infrastructure.
When one day the share price in the infrastructure sector is overpriced, then that is the right time to take profits.
“That is what is called fundamental. For example, a stock outside the list is overpriced and the price is dropping, I always ask to sell it on the stock market, even though the decline is only 3-4% based on fundamental calculations,” said Sandiaga.
Conversely, when there are shares on the investment list and fall by 20-25%, Sandiaga will choose to buy them. ()