My first investment in 2022 will still be an ETF, starting the year with something slow and steady, something that will grow over the years and not so high risk:)
Among the biggest ETF, I would stick to S&P which is make up of many familiar stocks to me, that I believe in too.
Among the biggest ETF, I would stick to S&P which is make up of many familiar stocks to me, that I believe in too.
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I disagree that higher price = higher risk. The fundamentals of a stock should be analyzed, how people perceive a stock and have faith in a company stock.
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This year I got to know about MooMoo and this is also where I started my investing. Throughout 2021, my portfolio has grew slightly because I wanted to focus on only a few as a start. From starting with only one stock, I started seeing my position went up and down. I learnt about looking at the overall P&L percentage growth rather than just one single stock. This allows diversification and resulted in significant growth in my overall portfolio.
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As I am more risk adverse, I would prefer stocks that are less volatile. Most of my money are parked in Indexes (slow growth but it will grow) and growth stock (slightly less volatile but manageable risk).
Of course many would think that this means my portfolio growth would be super slow but for me, that’s good enough as what I’m looking at is long term rather than short term. I believe that slow and steady wins the race. That’s why I feel long term investment is the best for someone who is as risk adverse as me but still want to start somewhere or do something more than just keeping money in bank:)
Of course many would think that this means my portfolio growth would be super slow but for me, that’s good enough as what I’m looking at is long term rather than short term. I believe that slow and steady wins the race. That’s why I feel long term investment is the best for someone who is as risk adverse as me but still want to start somewhere or do something more than just keeping money in bank:)
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To encourage healthy competition among platforms, moomoo can look into the rewards that competitors are offering. For example, using the points we have earned to redeem stock vouchers or commission free vouchers on top of the existing merchandise/partner rewards.
My first short term trading experience was not the best, but simply because it wasn’t the best so I managed to learn the most!
Like many newbies, I started off WITHOUT knowing anything and there’s really NO strategy because I have the thinking that no strategy is also a strategy.
I spent a lot of time looking at charts movement(like literally my app was always opened and I sleep only when the stock exchange close) and I find myself getting so stressed up which is detrimental my mental health in long term...
That’s when the realisation came that I can’t do this anymore! I seek out to my friends and literally just mirroring what they do for a start
Is like having a mentor that you shadow and then slowly learn about technical analysis and start my own:)
Now, I’m doing much better.. rather than monitoring the charts movement every minutes and fear every moments, now I don’t trade with emotions! Which I feel is key to trading:)
Like many newbies, I started off WITHOUT knowing anything and there’s really NO strategy because I have the thinking that no strategy is also a strategy.
I spent a lot of time looking at charts movement(like literally my app was always opened and I sleep only when the stock exchange close) and I find myself getting so stressed up which is detrimental my mental health in long term...
That’s when the realisation came that I can’t do this anymore! I seek out to my friends and literally just mirroring what they do for a start
Now, I’m doing much better.. rather than monitoring the charts movement every minutes and fear every moments, now I don’t trade with emotions! Which I feel is key to trading:)
2
Money making opportunities are everywhere, just like the sea of fishes… Throughout the journey, you need to keep searching(trading) until you found the right one that’s worth keeping, thats when you you should invest in it(investment). I find this analogy so apt, to compare it with relationship😅
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good time to buy?
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