Tuesday, February 4, 2020

Bear market, I like to see if I am ready!

Feb. 4, 2020

Introduction


It is tough for me to limit my time to spend on reading on investment. I like to go back to technology learning in 2020. But I have to push myself to be responsible, since my TFSA account has all my savings last 10 years.

Case study


I wrote something to share with a SJTU wechat group. Let me share here as well. I was the victim of finance illiterate from 1999 to 2019. Twenty years I was afraid to challenge myself, why I can not be rich and wealthy. One of sisters bullied me when she visited me, you even could not compete with a Chinese graduated from a college last one over 1000 in ranking. She even threatened me I will lose the job even ...

I have to learn to push myself to learn how to invest, be frugal; Bible teaches me a lot of good things. But in business world, I have to relearn things to protect myself, have time to learn personal finance.

I have to take care of my own business.

Actionable Items


Follow up
Feb. 7, 2020

I think that it is important for me to learn human behavior. It is better for me to review my mistakes back in 2009, and ten years after.

I remembered that back in 2009, I was so depressed to get Canadian immigration denied. I dreamed in the night and then I went back to China, and I told people that I went to USA before. Or I woke up and like to go back to the dream, since in my dream I caught the mistake in my paper work. I understood that it may be a sign of depression. I just quickly checked the depression, if the symptom lasts more than a week, then it is dangerous.

But I act on my finance decision, I sold everything in the stock market in my Par 401 K without considering at least 2 or 4 hours study of personal finance. And I had some funds in Scottrade.com, and then I went to sell everything to move into my bank IRA CD instead.

In 2009, I attended a private bible study, and then I asked the question why I attend bible study regularly, the mistake still happens.

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