bunnygal
2022-07-07

Before i started investing, it always seem easy to just criticise other people for not sticking to the rules: 1. Why dont they DCA (dollar cost averaging) 2. Why dont everyone just close their eyes and buy the index funds? 3. Why dont people just hold on to their stocks even in a crash since market moves in cycles?

I look back all the my past belief and what i actually practice in real life for past stormy half year- not practising DCA, not investing mostly in Index, panick selling into the sunset, i realise that investing is all about your mental fortitude and building your financial discipline.

Most of my stock holdings fell by 30% or more. But now with the seemingly market rebound, i am glad that i held on to most of them and i think i can DCA more in a structured manner ie. depositing funds after every month end payday. It has been a wild ride so far but I am learning to enjoy every part of the ride. 

Buckle up friends [Comfort] , it's a life long journey 

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Comments

  • CatherineGunter
    2022-07-07
    CatherineGunter
    Although the stock market is still in a bear market, I have great confidence in the future of the stock market. I believe it will rebound soon. After all, there are signs of a rebound
    • bunnygal: 
      yes, the news narratives are starting to change.. perhaps investors sentiments are really turning positive indeed
  • littlesweetie
    2022-07-07
    littlesweetie
    It's been a rough ride for the stock market, with most people losing money on their investments due to the overall decline
    • bunnygal: 
      yes.. i guess thats why they always say only invest what you can afford to lose or only invest when you hold on to your investments for a long time
  • LeilaLynch
    2022-07-07
    LeilaLynch
    Thanks for sharing. Every investor seems to have a similar experience, and maybe that's the price of growing up😁😁😁
    • bunnygal: 
      haha yes!! i think so too :) practice makes perfect
  • powerbert
    2022-07-07
    powerbert
    Yes it is always easy to said then done. Don't give up, keep trying.
    • bunnygal: 
      yes will continue to soldier on 🙂
  • HilaryWilde
    2022-07-08
    HilaryWilde
    you gave me a reference, thanks for sharing.
  • Maria_yy
    2022-07-08
    Maria_yy
    What good words, I learned a lot.
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