Count the hours for my personal finance research

Jan. 18, 2019

Introduction

It is my personal finance research. I learn the mistake I made to sell VIGRX mutual fund in 2002, I sold it when it was low price. It was more than 17 years ago. I did not take time to learn how index fund works. Later I played on stock market, and never considered VIGRX mutual fund again. I like to be patient to myself, count hours to study personal finance first. If I did not sell it in 2002, then the fund will have market value $10,000, with $7,000 dollars gain.

100 hours mark

Knowledge is power. I should start to learn basics first.

I spent 4 weekends in November, 4 weekends in December, and also one week holiday break to study.

Total hour:
  8 * weekends (10 hours a day)
  5 week days ( 10 hours a day)
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130 hours

200 hours mark

300 hours mark

400 hours mark

500 hours mark

Actionable Items

I do not save my VIGRX statements in 2001. I should parent myself and give myself warning since only thing I care about is to make profit, but I do not give myself chance to learn. One thing is to learn from my own mistake, my own experience. In order for me to do that, I have to save those finance records, so I can easily review all the transactions and learn from the mistakes.

This is basic personal financial habit. I should learn to build a good habit at the very beginning.