Failure Is the Stepping Stone To Success

🌟🌟🌟Failure has a bad rap.  To many it is a loaded word, packed with a negative connotation.  Failure by buying the wrong stocks can evoke feelings of disappointment, self doubt, unworthiness, fear, anxiety and even shame.

However failure can also be a golden opportunity to learn, reflect and to grow in order to become a better investor. 

I have made many mistakes in the course of seeking the best stocks to invest.   However I view failure and mistakes as stepping stones to become a better investor.

I have learnt not to let emotions like FOMO or Fear guide me when it comes to investing.  When I first started investing, I tend to follow the crowd and go for the hottest stocks.  But these days, I am more careful and do my research thoroughly before jumping on the bandwagon.

Without the lessons that I learnt, I do not think I can be where I am now.   These days I am more into ETFs than buying individual stocks.  I find that ETF investing can be just as rewarding too.  ETFs especially Index ETFs, give me maximum value for my hard earned money and minimise my risks.

For example $SPDR Portfolio S&P 500 ETF(SPLG)$  which track the S&P500 Index is at its all time high today. 

$STI ETF(ES3.SI)$  which represents the best Singapore Blue Chips companies is also up at 17 year high.

$Energy Select Sector SPDR Fund(XLE)$  which encompass the US Energy Giants is up with the recent win by Donald Trump for the US Presidential Election.

When it comes to investing, I view Failure as the Stepping Stone To Success.  I invest with Optimism and Hope that with patience and time in the market, I will reap bountiful returns in the long run.

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