To The Moon

My 2022 investing review

My 2022 review wasn't that good, Overall is deep in red sea. My most memorable event was in February-March, when Russia invaded Ukraine. I learned a lot because I was just starting to learn how to invest back then. The stock was at its peak, although I didn't know that was the peak at the time.

I remember thinking, oh, this is an investment, it seems easy... I remember bank stocks $DBS GROUP HOLDINGS LTD(D05.SI)$  It rose to $37.

At that time, Russia only said they were training near the border, and everyone else doubted that Russia would not invade. Well, stocks have been declining since then. I remember thinking this wasn't possible (like everyone else) because we just got out of COVID-19 and it seemed unlikely that there would be more bad news. After nearly two years of stock growth, no one expected the bubble to burst. Technology stocks such as $Amazon.com(AMZN)$  $Alphabet(GOOG)$ and $Tesla Motors(TSLA)$ at an all-time high.

That's when, as an investor, I learned what not to do. This is basically my ten-year series, compressed down to just a few months. I realized that I bought stocks at an all-time high and didn't care about the entry price or the fact that the stock was overvalued. I don't know about fluctuations; what goes up is bound to fall. I followed people brought meme stock such as $AMC Entertainment(AMC)$ I joined this trend and realized that everything was moving south. 

Even then, with the huge losses (it was huge for me at the time, although my bar was raised because... well, there was no choice, right?) , we are unwilling to let go of our losses on our books. 

With the small amount of money that I could afford, I also brought some stock which is good potential like Occidental Petroleum. Also the stock which is more stable (got dividend pay) such as FNCB Bancorp.

Overall I am in the deep red sea, but I also learned a lot from this experience. Hopefully one day I can manage to turn over my loss.. I also wish and hope Russia will end the war as soon as possible. Lets hope for a peaceful world and a good future.

@TigerStars @CaptainTiger