Failure Is the Stepping Stone To Success
πππFailure 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 $SPDR Portfolio S&P 500 ETF(SPLG)$
$STI ETF(ES3.SI)$
$Energy Select Sector SPDR Fund(XLE)$
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.
@Tiger_comments @TigerStars @Daily_Discussion @MillionaireTiger @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Thanks for sharing and congrats on your winning trades!!
Thank you for you sincerely sharing. I made big loss on $NVIDIA Corp(NVDA)$ 150 calls few weeks ago..
Investment must be a long way to go, will continue to be careful on positions control and trade.
The article helps a lot:βHowever failure can also be a golden opportunity to learn, reflect and to grow in order to become a better investor. β