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Showing posts with the label part time investor

My investing Muse - investing as a part timer (12Sep2021)

I am not a full-time trader and thus, this should not be taken as financial advice and do not apply to full-time professionals. I have been meddling with investment since 2019. Started this as a newbie, I made many mistakes - pressed sell when it was meant to buy, using excessive leverage, investing in stocks without proper research, allowing my emotions to take over my entry and exit plan … … all these are necessary “school fees” that we pay so that we can be more successful over time. (And I am still paying some of these recurring fees) It is important  not to spend money meant for necessities and essentials on trading . We should have a property and have enough for the monthly family needs.   Previously, I was spending late nights trading the US market. It was affecting my family relationship, sleep and day job over time. I set aside my “monthly savings” to start trading. I found myself immersing myself in hours of youtube and books.  No wealth will ever be more import...