Saturday, June 13, 2020

The toughest challenging in stock market big swings - my short story

June 13, 2020

Introduction

I like to write a short story why it is toughest time to make decision in the stock market, and explained why I did not invest a lot of money on stock market from March 27 to June 12, 2020

My struggles and hard time

It is not easy to learn how to invest on the stock market. I did come back to invest after 10 years break in 2019. 

On March 20, my TFSA had $9000 dollars  market loss. I should start to purchase more stocks. But I only had $25,000 dollars bonds with $1000 dollars loss. 

It is tough time in my life. I have my 10 year full time work and that is my saving in stock market. I also had to take two weeks vacation to take care of learning how to handle corona virus, and also my hay fever. 

I could not understand why hay fever can cause so many problems. This is the third year, and I do have to take seriously how to handle those symptoms. 

Another thing is about the full time job. I was lucky to have the job, and the company I work for is the one I choose to stay long term. I know the business, and it is not related to travel industry, or hospitality business. We may have negative side effects, but from March to June we are safe. 

I do think that if a person has a full time job in stock bear market, then confidence level will come back. I am definitely an emotional person. 

Summary is short, I lost the chance to invest into stock market from SPX 2200 to SPX 2900. 






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