My most memorable thing in 2022
My most memorable event was between February and March, when Russia invaded Ukraine. I learned a lot because I was just starting to learn how to invest back then (January 1). The stock was at its peak, even though I didn't know it was at the top at the time.
I remember thinking, oh, this is an investment, it seems easy... I remember bank stocks $DBS Group Holdings (D05.SG)$ It rose to $37.
At the time, Russia only said they were training near the border, and everyone else suspected that Russia would not invade. Well, stocks have been going downhill 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 almost two years of stock growth, no one expected the bubble to burst. Technology stocks such as $Amazon (AMZN.US)$ Bearish $Alphabet-A (GOOGL.US)$ Bearish and $Tesla (TSLA.US)$ Bearishness is at an all-time high.
That's when, as an investor, I learned not to do anything. 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 rises are bound to fall. Yes, I bought Tesla for $1,200 before it went down. I joined this trend and realized that everything was moving south.
Even then, with huge losses (which were huge for me at the time, although my threshold was raised because... um, there was no choice, right?) We are unwilling to let go of our book losses. For my part, I want Russia to end the war as soon as possible. This will all be over soon, at least that's what I think. If you don't think about today, who would have thought that the war would last this long.
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