when i see so many newbie investors, i always fear...
but still, i feel happy for u all, investing is the way to achieve financial freedom and say **** U BOSS!
no risks no gain, hope u guys will do well and make $$$, I was once a newbie too
To add on for all newbies, always start small, very small and never increase your risk or trade size until your profit allows u to do so.
Many lost their capital then savings eventually before they realize they need to read n accumulate more experience, by then they have already lost their saving + balls
Even experience traders/investors loses sometime too.
And also don't buy dividend stocks just because its dropping and someone is saying especially if you don't know why it's dropping
Just look at the 10 years treasury bond yield too.. The higher it goes the lower reits will drop so try to read the reasons and don't get poisoned online
Remember, dividend is just an icing on the cake.
And final words is "buy low sell high" and so wait for opportunities.
In market it is not "I want to grow and make my money work harder tomorrow and when I buy my first stock tomorrow, my money will start working harder!!", it doesn't work this way, be patience, wait for opportunities
The first step to "making your money grow" investment is to grow your capital first; be it taking up more jobs or increase your saving and reducing spending (you may not even need to invest). And not just blindly throwing all your money into REIT because u got "poisoned" or penny stocks hoping it will run because u got "tempted"
A market cycle is 10 years, missed the bottom, another bottom will welcome u in 10 years time.
Good luck and huat..
