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Showing posts from August, 2022

Investing needs time

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Rome wasn't built in one day... if this saying holds some truth, time is of utmost important. Given time one can change from not knowing to knowing. If you are already on an investment journey, give yourself a pat on the shoulders. If you have not done so, I cannot emphasize enough on the importance of getting started as early as possible. Set up a brokerage account and be on your way to your first investment. Don't let procrastination take you down because any delay can only make you further away from financially free. Investing needs time and only time will grow your investment. It is common see commercial banks using the illustration of trees as part of their most common marketing campaign. As you can see, time is needed for a seed to develop into a full growth tree. You have to water the plant consistently to see it grow. Once the plant turns into a tree, it will bear fruits and provide enough shade for you while you rest underneath. The canopy extends wide into the sky pro

After 2 Years, I Am Down 39%!

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  I started with a SGD1K account and progressively top up to a SGD87K account. I started my investing and trading journey in the month of August 2020. To mark this 2 years journey, I have decided to pen down this milestone so that if you stumbled upon this page and would like to try out investing or trading in future, you will avoid the mistakes that I have made and make you a more savvy investor or trader than I first started. To be specific, I started this journey almost the same time when the stock market recovered fully from the Covid-19 low. It was a period when time was of abundance and the country was under Covid-19 lockdown and all I could do at home was to watch Netflix and more Netflix... After 3 months of slacking around at home and pondering about the meaning of life, I happened to meet a secondary school friend who was already digging his hands into investment and trading way before Covid-19. With an insight into the stock market, my friend was quick to take action when th

Investing In Cryptocurrency!

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You guess it... the fact that I am writing this blog entry goes to show that investing is not a bed of roses and if you are reading this, I hope that by penning down my experiences and thoughts, you will not walk the same journey as me and suffer monetary losses. But even if I am writing this, I want to say that there are always two sides to a coin, the yin and the yang, the heaven and the hell... While this experience did not turn out for me, there are many others who have had fairy tales ending and became very successful in crypto investment. Just not my cup of soup, at least for now... who knows, this might turn out to be my biggest regrets. When I first took a serious look at investing and trading, I was "sold" the fairy tales of why didn't I do this earlier??? If money is out in the streets, everyone would be doing the same thing and we no longer have to work eventually! This is only half true... I still stand by my earlier post that everyone should learn about inves