[Events] What Are Your Biggest Stock Market Regrets?
It's Friday again. I would like to invite you to share your biggest regrets in investing. You will receive Tiger Coins as a prize.Most investors have made mistakes in their careers. It could be that you missed the opportunity to buy shares that you believed in or perhaps you sold them too soon.
It is virtually impossible to make no mistakes. Investing is a process that requires us to make choices, because buying one stock might mean you miss another one. As a result, there may be big wins or spectacular failures.
If you were given the opportunity to change your past, what would you do differently? Do you have any regrets related to investing or the stock market?📢Activity Details
- All Tigers who leave a comment in this post will receive 50 Tiger Coins.
- All Tigers will be given 10 Tiger coins for reposting and tagging your friends in the comment section! ( maximum limit 50 Tiger coins )
- 5 Tigers will be given 1000 coins for the comments with the Most Likes. ( Invite your friends to give you likes)
⏰Activity Duration
- 16th, September - 23th, September
Tag your friends, join the discussion, and win coins together!$Tiger Brokers(TIGR)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
人生苦短，不能带着遗憾生活，而是要从错误中吸取教训，做一个更好的投资者。
后悔是一颗难以下咽的苦药，但如果我们不从错误中吸取教训，我们怎么能成为世界级的投资者呢？
我最大的遗憾是没有在2020年Covid 19疫情高峰期抓住机会购买，当时市场下跌了30%！这是恐惧和恐慌至高无上的时候。但此时，以惊人的折扣购买优质股票的最大机会来了。
所以现在，我对下一个黑天鹅事件保持警惕，并准备在它发生时采取行动。正如沃伦·巴菲特喜欢说的，当市场恐惧时，要贪婪！
@TigerEvents @TigerStars @MillionaireTiger
One of my biggest mistakes when I first started investing was based on friend's recommendation instead of doing my own due diligence. Bought some popular stocks like $NIO Inc.(NIO)$ at USD40+ and now it's at almost half the share price.
Another mistake was buying the dip in China stocks, lol it was a never-ending bottomless dip!! Luckily I was decisive and cut loss early.
I guess in life there's alway up and down. Most importantly, you must be responsible for your own actions. Win big = treat your family to good meal, lose big = suck thumb and just move on. Invest responsibly without excessive leverage and don't dream about becoming overnight millionaire! Work hard for your career and business, that's the main way to be wealthy!
Should have stick to my god damned DBS and Big 4 reits [Cry]
A few days later,the price dips and continue to do so for few months after a lot of bad publicity in the media about the company regarding the failure of its Covid pill was published. I told myself that once the price reaches slightly above my cost price, I will sell off all of it. Finally, I managed to sell it off within a month.
I should have hold on to it till date as the current price has skyrocketed & seems to have stabilise. Magically, I don't see any bad news pertaining to the company anymore. My mistake was allowing my fear overpowering me by reading all those 'noises'.
From this experience, it has taught me not to allow the media to influence my investment strategy as it may cause a painful diversion. I need to have my own research and knowledge before investing in a stock as this will ensure no matter what happens, the company stock price will rise as it has good economic moats and sound fundamentals.
1.Invest in S&P500 & NASDAQ
2.Non stop DCA into index ETF/funds
3.Learnt basic technical analysis
4.Buy fundamentally strong companies
OK, time to step into my time machine [LOL]
@kungpao @Gunawanh @wine18 @SakuraSakura @Xian789