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$DBS Group Holdings (D05.SG)$ What shareholder is cashing out and smashing the market every day. It's disgusting. I want to cancel my DBS bank account!
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$DBS Group Holdings (D05.SG)$ Were dividends paid on the 22nd? Why haven't I received it?
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2021 is the first year i started to invest in stocks. What a rocky year to start off with🤣 l’d like to share my 3 biggest mistakes and experiences as a new investor.
First of all, I recalled that I had a dilemma - buy at all time high if not it will go higher and never come back down OR wait till it drops. It’s scary to see the price increasing higher and higher. I asked myself “do I buy now when it’s all time high or wait and buy when the price drops?” I waited only to see it increased 😂 and I hurried to enter the market to buy only to see it dropped and dropped further 🥲
One other mistake I made was not a very smart decision to buy shares of a single company with a lump sum and lastly, the mistake was to invest ALL my capital in my portfolio.
What’s wrong with the mistake above and what have I learned is that, firstly, I learned to ONLY buy what I can afford. When we see the price at all time high, we all hope for a discount but it can go either way so i have decided to BUY only if I can AFFORD to LOSE. Of course, I have to do homework to find out if it’s a good company that I can invest in for a long term.👍
Secondly, investing with a lump sum with all capital made me realise that I do not have enough cash to buy when the price drops for dollar cost averaging and i realised I have to keep checking on my account balance because I fear that I might blow my account.
So what I did was that I decided to sell one of the stocks that takes up a greater portion of my portfolio. And before I decide to sell, I was hoping that it will go up to breakeven. However it didn’t and I sell at a greater loss. Good news is that I was still able to preserve most of it. 🥲
This investment experience allows me to realise the importance of patience, value and risk management. I learned that the guts to selling stock (that is either going to harm your capital or losses its value) at a loss is also a must-have in order to prevent the losses from snowballing.
When I first started out, I focused on growth stocks. Now with the extra capital from what I sold as mentioned above, I invest part of it into SG dividend stocks, with the rest as back up capital. This allows me to not worry so much when the market crashes as I have the capital to dollar cost average. It also helped me to not frantically check on my portfolio every now and then, knowing that I have the capital to prevent margin call. Even if I lose all the money in stocks, part of it is still in cash (for future investment if there’s good stocks or dollar cost averaging) this allows me to have a peace of mind as I know I won’t be losing all of my money.
Stocks are for long term and investing a lump sum can bring quick cash but also increase the risk. Right now I learned how to manage risk and also allowing myself to hold stocks for long periods of time. I believe it’s personal risk and investment preference so i believe everyone has their own way of investing (market timing, lump sum, dollar cost averaging, etc). I hope I have shared some insights and also to remind myself of the things I learn and I hope moomoo will continue to provide good investment experience for us. Wishing everyone Merry Xmas and looking forward to 2022!
$DBS Group Holdings (D05.SG)$ $Roundhill Ball Metaverse ETF (META.US)$ $Apple (AAPL.US)$
First of all, I recalled that I had a dilemma - buy at all time high if not it will go higher and never come back down OR wait till it drops. It’s scary to see the price increasing higher and higher. I asked myself “do I buy now when it’s all time high or wait and buy when the price drops?” I waited only to see it increased 😂 and I hurried to enter the market to buy only to see it dropped and dropped further 🥲
One other mistake I made was not a very smart decision to buy shares of a single company with a lump sum and lastly, the mistake was to invest ALL my capital in my portfolio.
What’s wrong with the mistake above and what have I learned is that, firstly, I learned to ONLY buy what I can afford. When we see the price at all time high, we all hope for a discount but it can go either way so i have decided to BUY only if I can AFFORD to LOSE. Of course, I have to do homework to find out if it’s a good company that I can invest in for a long term.👍
Secondly, investing with a lump sum with all capital made me realise that I do not have enough cash to buy when the price drops for dollar cost averaging and i realised I have to keep checking on my account balance because I fear that I might blow my account.
So what I did was that I decided to sell one of the stocks that takes up a greater portion of my portfolio. And before I decide to sell, I was hoping that it will go up to breakeven. However it didn’t and I sell at a greater loss. Good news is that I was still able to preserve most of it. 🥲
This investment experience allows me to realise the importance of patience, value and risk management. I learned that the guts to selling stock (that is either going to harm your capital or losses its value) at a loss is also a must-have in order to prevent the losses from snowballing.
When I first started out, I focused on growth stocks. Now with the extra capital from what I sold as mentioned above, I invest part of it into SG dividend stocks, with the rest as back up capital. This allows me to not worry so much when the market crashes as I have the capital to dollar cost average. It also helped me to not frantically check on my portfolio every now and then, knowing that I have the capital to prevent margin call. Even if I lose all the money in stocks, part of it is still in cash (for future investment if there’s good stocks or dollar cost averaging) this allows me to have a peace of mind as I know I won’t be losing all of my money.
Stocks are for long term and investing a lump sum can bring quick cash but also increase the risk. Right now I learned how to manage risk and also allowing myself to hold stocks for long periods of time. I believe it’s personal risk and investment preference so i believe everyone has their own way of investing (market timing, lump sum, dollar cost averaging, etc). I hope I have shared some insights and also to remind myself of the things I learn and I hope moomoo will continue to provide good investment experience for us. Wishing everyone Merry Xmas and looking forward to 2022!
$DBS Group Holdings (D05.SG)$ $Roundhill Ball Metaverse ETF (META.US)$ $Apple (AAPL.US)$
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2021 is a year of volatility. It has witnessed the rise of meme stocks, starting with $GameStop (GME.US)$ and WallStreeBets early in January and up to the moon $AMC Entertainment (AMC.US)$ in June. After the 2020 pandemic, S&P 500 rallied 100% within 354 trading days*. In times of chip shortage, investors are also watching the tech stocks closely. Not to mention dramas like what caused by Elon Musk and Donald Trump on $Tesla (TSLA.US)$ and $Digital World Acquisition Corp (DWAC.US)$ . What a year!
*Source: CNBC Maekets News
Review Your 2021 to Win Free Stocks
As 2021 comes to an end, moomoo invites you to write your own review of 2021 trading journey, reflecting on the year that was and looking ahead to 2022. Join the topic discussion "2021 in Review: My Investing Journey Forges Ahead" and get rewards now!
Event Duration: Now to December 31st, 11:59pm ET
Rewards*:
1. Top 40 posts will get FREE stock with a price range from $5 to $30.
2. 9 Growing Stars of the Year* will get FREE stock with a price range from $20 to $50.
3. All relevant posts with no less than 20 words will be rewarded with 88 points.
*Participants before December 22nd stand a chance to become Growing Stars of the Year, which is a title given by moomoo community to reward your effort made in 2021. A badge will be given to Growing Stars on the profile page to acknowledge your progress and achievement. The Growing Star will be rewarded with one random moomoo merchandise and one free stock with a price range from $20 to $50.
*Note: One can only get one out of the three rewards mentioned above.
The above rewards will be issued in 15 working days after the event ends.
Selection criteria:
(applied to both Top 40 posts and Growing Stars)
1. Content quality: a comprehensive review of 2021.
2. Good typesetting with order histories, stock's trend or other helpful charts.
3. User interaction with the post.
4. Relevant tickers added.
How to join?
Click here and join the discussion under the topic, and you stand a chance to win the free stocks! Easy peasy!
Don't know what to write? Ask yourself the following three questions!
ONE: How did your trades perform?
As we approach the end of 2021, it's time to look back on whether you make money over 2021! Where did you put your money in? Did your stocks bring you good returns? What are your highlights this year in trading?
Reviewing your trading performance is a way to acknowledge successes and drawbacks to improve your trading skills. Let's check out what moomoo features you could adopt to assist the writing of your reviews here.
TWO: What have you learned from trading?
Perhaps you made a profit, learned a new trading skill, developed good trading psychology, broke bad habits, and gained more confidence.
Even if 2021 might not be the best year in trading, time must have rewarded you with something greater than money, and that is AWESOME! What lesson did you learn, and what progress did you make? Write down the trading knowledge you've learned over the year now!
THREE: What cool thins have you done?
2020 might be the worst year for many people as COVID-19 took away so many innocent lives. Is 2021 getting better with you? What are your stories this year? Did you meet any good fellows during your trading journey?
We are all ears for your remarkable stories! Please remember, mooers will always be by your side no matter what happens.
Final Words: 2022 Will Be Everything You Want It To Be
Moving forward, it isn't just about learning from what didn't' work in 2021, but also about learning, acknowledging, and genuinely appreciating what did work in the past. You should allow yourself to be happy and truly soak it all in if you want to thrive.
Happy (almost) 2022, and remember, this year—it's going to be what you want it to be.
Join discussion and get rewards now! Click here: "2021 in Review: My Investing Journey Forges Ahead"
*Write Your Original Ideas: Plagiarism or cheating is not acceptable in any activities on moomoo. Please "Report" the suspicious posts if you find any. Once confirmed, the user committed shall be disqualified from the activities.
moomoo annual ceremony is happening right now! Check it out here: 2021 in Review: Grow Together to the Moon!
*Source: CNBC Maekets News
Review Your 2021 to Win Free Stocks
As 2021 comes to an end, moomoo invites you to write your own review of 2021 trading journey, reflecting on the year that was and looking ahead to 2022. Join the topic discussion "2021 in Review: My Investing Journey Forges Ahead" and get rewards now!
Event Duration: Now to December 31st, 11:59pm ET
Rewards*:
1. Top 40 posts will get FREE stock with a price range from $5 to $30.
2. 9 Growing Stars of the Year* will get FREE stock with a price range from $20 to $50.
3. All relevant posts with no less than 20 words will be rewarded with 88 points.
*Participants before December 22nd stand a chance to become Growing Stars of the Year, which is a title given by moomoo community to reward your effort made in 2021. A badge will be given to Growing Stars on the profile page to acknowledge your progress and achievement. The Growing Star will be rewarded with one random moomoo merchandise and one free stock with a price range from $20 to $50.
*Note: One can only get one out of the three rewards mentioned above.
The above rewards will be issued in 15 working days after the event ends.
Selection criteria:
(applied to both Top 40 posts and Growing Stars)
1. Content quality: a comprehensive review of 2021.
2. Good typesetting with order histories, stock's trend or other helpful charts.
3. User interaction with the post.
4. Relevant tickers added.
How to join?
Click here and join the discussion under the topic, and you stand a chance to win the free stocks! Easy peasy!
Don't know what to write? Ask yourself the following three questions!
ONE: How did your trades perform?
As we approach the end of 2021, it's time to look back on whether you make money over 2021! Where did you put your money in? Did your stocks bring you good returns? What are your highlights this year in trading?
Reviewing your trading performance is a way to acknowledge successes and drawbacks to improve your trading skills. Let's check out what moomoo features you could adopt to assist the writing of your reviews here.
TWO: What have you learned from trading?
Perhaps you made a profit, learned a new trading skill, developed good trading psychology, broke bad habits, and gained more confidence.
Even if 2021 might not be the best year in trading, time must have rewarded you with something greater than money, and that is AWESOME! What lesson did you learn, and what progress did you make? Write down the trading knowledge you've learned over the year now!
THREE: What cool thins have you done?
2020 might be the worst year for many people as COVID-19 took away so many innocent lives. Is 2021 getting better with you? What are your stories this year? Did you meet any good fellows during your trading journey?
We are all ears for your remarkable stories! Please remember, mooers will always be by your side no matter what happens.
Final Words: 2022 Will Be Everything You Want It To Be
Moving forward, it isn't just about learning from what didn't' work in 2021, but also about learning, acknowledging, and genuinely appreciating what did work in the past. You should allow yourself to be happy and truly soak it all in if you want to thrive.
Happy (almost) 2022, and remember, this year—it's going to be what you want it to be.
Join discussion and get rewards now! Click here: "2021 in Review: My Investing Journey Forges Ahead"
*Write Your Original Ideas: Plagiarism or cheating is not acceptable in any activities on moomoo. Please "Report" the suspicious posts if you find any. Once confirmed, the user committed shall be disqualified from the activities.
moomoo annual ceremony is happening right now! Check it out here: 2021 in Review: Grow Together to the Moon!
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