Showing posts with label 2019 first time to learn TFSA. Show all posts
Showing posts with label 2019 first time to learn TFSA. Show all posts

Saturday, March 20, 2021

How good I am a researcher? | How good I am eager to make money in 54 year old? | What is poverty mindset? | My stock purchase review

March 20, 2021

Introduction

It is hard for me to understand how important it is my health. The value of health is so important, and I always worry about poverty and struggle to make good decision. I like to talk about $100,000 dollars my whole asset in cash and OVV.TO stock 97% price drop on march 27, 2020 and 500% rebound in less than 2 months. 

How good I am a researcher?

I could not find any issue related to my research on investment. I was too lazy and then spent whole 12 months after may 2019 to work on passive investment. After March 2020 stock market crash, I started again my first purchase on OVV.TO 300 shares. 

I just could not believe that my research was slow, I did not go back to try all kinds of ideas to invest and learn all businesses. It is hard for me to understand myself since I never image that I can be a millionaire, and then I have financial freedom to own a lot of things in my life. 

How good I am eager to make money in 54 year old? 

I do not know that I started to categorize myself to save one dollar in my grocery shopping. I am so happy to drive old used 21 year old Honda accord purchased in 2015. I did not seek so many ideas to make money. I just spent 12 months to work on research, weight control from 2016 to 2018, tennis sport research, and then I tried so hard to put together more than 500 hours to play tennis sports. 

I never challenge myself if I should seek ways to make more money. I can read very well, and I can use so many resources such as TFSA - tax free account in Canada. I only realized that I can have the account until 2019, TFSA started from 2016. 

I tried to be a nice person with Christian belief. But I did not do fully research to live a full life. I am happy to have a job, a small bedroom I can afford to rent. I have a two-bedroom condo for rent in Florida, and I only asked lowest price in the market price. 

My purchase of OVV.TO stock - price 97% drop - March 2020





Follow up 

March 25, 2021

After 12 month investment on stock market, I learned that I should have invested on OVV.TO at price $3.70 at least 10,000 shares since OVV.TO price dropped 97%, and then see what will happen next two months. 

I do believe that any unreasonable price drop like 97% on OVV.TO stock price definitely brought chance to make a fortune for a person to work on good research, good experience to invest on stocks consistently. I was sad to see that I was lack of wisdom and courage to invest even $10,000 Canadian dollars on OVV.TO on March 27, 2020.