$10,000 dollars gains in investment is possible

 August 29, 2020

Introduction

It is possible to reach $10,000 dollars gains in stock market investment return. I do not learn how to invest passively from 1999 to 2001, and then 2007. I left all my IRA and 401 K in money market fund from 2010 to 2019, with less than 1.5% annual return with over $26,000 dollars investment called 401 K or IRA. Now my goal is to reach first $10,000 dollars gains as an active investor after market crash in March 2020. 

Quick to rich is impossible

I thought about so many mistakes I have made as I started to learn and invest on stocks by myself this March 27, 2020. 

I learned from OVV.TO stocks, I only purchased 200 shares on March 27, 2020 and then struggled on my hay fever, and then worked full time, and OVV just went up 300% in less than two months. I learned the power of stock market. 

I thought that stock investment should not be that difficult. I invested $13,000 US dollars on June 5, 2020, and then took the loss of $3000 dollars, and understood that market is so volatile. 

I thought about why I could not purchase $100,000 dollars on OVV stock on March 27, 2020. I worried about so many things, my job, my further loss of capital of investment, and my hay fever; I was lucky to learn that $4000 to $5000 rebound is so quick and easy, it is better for me to take some risk to play some stocks. Those OVV.TO stock lost 90% of value, it is ok if I lose all those 200 shares of investment, less than $700 dollars. 

$10,000 dollars gains

I have to push myself to work on $10,000 dollars gains first. Now I have $800 dollars gains on Ameritrade.com retirement account, $5,500 dollars gains on TFSA account. 

I have to figure out how to make another $3700 dollars gains in next two months. 

I like to build wealth step by step. First I should learn how to build wealth the first $10,000 dollars on stock market first.