WanEH
2022-12-18

2022 is a tough year for me and my result is poor which I make loss in my investment. For year 2023, I foresee it will be more though than 2022 as the US Fed direction is keep changing according to the CPI, PPI, and other unemployment data.

Only by investing in a good company can you make money, the company will make money, and shareholders will gain. Warren Buffett once put forward a very important idea: a good company must build its own moat, only in this way can it be profitable for a long time. What is a moat? Simply put, a company's moat can prevent others from easily imitating your company's products or services. What you row is far more important than how you row. 

Everyone wants a way to make a lot of money, and there is a way, but it takes practice to make it happen. Just like playing the piano, good music can only be produced by repeated practice; but most people are not willing to sit down, find a good teacher, and practice well. Being a successful stock market investor is much like learning to play a musical instrument, if not different. People want to make a lot of money, but no one will give you money for free, so you have to work hard to make money.

@Tiramisu2020  @BenjiFuji  @LMSunshine  @Mrzorro  

2022 Investing Review
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Comments

  • LMSunshine
    2022-12-18
    LMSunshine
    Under reward topics, did you see (1) what’s your football story and (2) if football teams were stocks? Join those too and other topic! Can get 50 or more coins!
    • WanEH
      will try to find it
  • LMSunshine
    2022-12-18
    LMSunshine
    Thanks for sharing such a great post🥰 Sorry to hear about your loss[Comfort][Heart][Love] and totally agree with the great advice❣️
  • JoanneSamson
    2022-12-20
    JoanneSamson
    Hopefully, 2023 will not be any tougher for us, should be more careful because of highly pessimistic judgment about 2023 and it's likely be true...
  • ElvisMarner
    2022-12-21
    ElvisMarner
    The moat is the most important factor I consider when investing.
  • HilaryWilde
    2022-12-21
    HilaryWilde
    Do you have any specific good companies that you can recommend to us?
  • PandoraHaggai
    2022-12-21
    PandoraHaggai
    You're right. Investing in good companies is what we should be doing.
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