Schedule to publish on Sept. 23, 2024 - Learn to invest in long term - two years later

Sept. 23, 2022

I like to learn to invest in long term. It is important for me to learn how to invest in long term. The stock market is so volatile, and I also try to understand better about CPI 2% instead of 8% goal. 

SABR position | My loss on Sept. 23, 2022 | What I should learn

1. Take risk. Change my goal as an investor. Do not risk too much. 
2. I should not buy SABR 6000 share at price $7.6 after sold 7000 shares at price 6.7; 
3. Do not get back in until the price should be lowered around $5.5/ share; 
4. Always look for opportunity to buy low and sell high. 
5. I should learn better about economy, and read more articles and books. 
6. It is not easy to invest on long term. 
7. Evaluate SABR debt issue. Do not make same mistake as I made on GRAY stock. 
8. Stay positive. Take a break, and have a trip to take BC ferry to visit Vancouver island this weekend. 
9. A friend shared with me a tip through wechat. I should take it and sell all 6000 shares position for down turn warning. 

Learn to discipline myself as an investor, focus on reducing loss, and then stay in the market not all the time. 

1. Tough on myself. Take gain $3000 or more. 
2. Do not miss the market. Even SABR continued to go high after my sale, stay away. Stick on my plan. 
3. If I bet again with $1/ share 6000 shares, then I should take gain at price $8.3, or cut loss when price dropped back to $7.6/ share. 
4. Be consistent. 
5. Pressure is hard to take. But do not ignore it.