liangwee888
2022-09-17
//@koolgal: The saying Buy In Haste Repent At Leisure is never more true when comes to investing.  If I can turn back time, I would not buy into stocks that are hyped, with weak fundamentals especially with huge losses. A good example is DIDI.  It was launched with much fanfare in June 2021 at USD 14 per share  and went as high as USD 18.  But due to regulatory issues, it finally delisted in May 2022 with a closing price of USD 2.29.  I bought at USD 16 and finally sold at USD 1.50.   It was a Big Ouch! However I learnt an important lesson that while I cannot control macro events, I can put a stop loss when it went below 10%.  Another lesson learnt is to invest only in quality stocks like Apple, Microsoft with solid fundamentals.   They will be able to withstand the volatility of the markets and grow exponentially in the long term. In life we live and learn.  I invest with optimism and chalk up mistakes as part of learning experience with my ultimate goal of FIRE - Financial Independence Retire Early.   @TigerEvents@TigerStars@MillionaireTiger@CaptainTigerkk
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