My Investing Journey So Far: Lessons Learned

It's been two and a half years since I started investing, and what a journey it has been! I began during the COVID-19 pandemic, and since then, I've seen stock prices plummet due to wars, viruses, and economic downturns. Yet, I've also witnessed stocks soar over 1000%! Despite my experience, I'm still in the red, but I've learned valuable lessons along the way.

Lesson 1: Embrace Market Volatility

I used to panic when my stocks dipped, selling at a loss only to watch them rebound later. I've learned to hold onto good stocks with conviction, but also to recognize when it's time to sell, even if it means timing the market slightly. Grab and DBS are examples of stocks that reached peaks and were worth selling.

Lesson 2: Avoid Hype and Invest Early

I invested in Tesla at its peak at $1200 and lost 40-50% of my investment and never returned to that price. I've learned to invest early, before the hype, and to take the time to understand a stock's movements. NIVIDIA is currently the talk of the town, reaching new heights in the last few months, but I'll be cautious not to repeat the same mistake.

Lesson 3: Investing Requires Time and Patience

Investing isn't just about money; it's also about time and experience. Although I'm still in the red, some of my stocks have started to turn a profit, teaching me the value of patience and allocating sufficient time for growth.

In conclusion, investing has been a journey of learning and growth. I'd love to hear about your experiences and lessons learned in the comments below!

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