ordinary, ordinary!, ordinary!!
Home View Job Kids House Car Recreation Investment Computer Education Passion About Service Nepal
    International Nurse Album updated: July 5, 2011
oRDINARYWAY -TM

 

Investment                                           
I read the investment books, and started to invest some of my money since July, 2005. I heard it was a bull-market (more buyer than sellers). I had no personal experience with market correction, fallout, recession. Investment books, and investment Gurus say that the basic for investment is the delicate balance between greed, and fear. People buy stocks hoping (greed) the stock price will go up. People sell the stocks with fear that the price is going to drop. They all agree in diversification, and long-term perspective. They remind us past performance does not guarantee the future loss or return. In another word we can say it is the management of risk and opportunity available in the market.Investment.

I research five companies and invest on them at first. I gained some, then I start to read more companies, and business news. I wish all of my money was in the winning stock that is performing well. When I was earning more without following the basic principles, I started to believe maybe I know better than the Gurus. Instead of diversification, I started to believe why to invest in many companies when you know one of the company will definitely do better. Once I was sure that a company's stock is going up, I bought stocks from that company. Few times at beginning I was right, and I was happy, excited. Later on I stuck with some companies where I lost more than 10% in a single day. I stayed in it hoping the company is sound, and it will come back. Watching the stock price going down day be day I was sick, and tired.Investment.

I wish I learned from it, and did not repeat the mistake. Instead, I bought stocks of another company with the margin money (basically in loan) hoping I can recover my loss. I got in to this sinking hole. I almost lost 50% principal money. I just wish I stick with the common principles; diversified my investment, manage the loss once the I lost the eight percent, I waited long enough until all the market indicator were positive again.Investment.

Bottom line is that there is no quick shortcut to be rich. I think the one who succeeds are those who continue their hard work following the systematic approach, and enjoy the process.Investment.

In stock market, nothing is sure than uncertainties itself.Investment.

--------------------------------------------ordinary
Created and maintained by: Hari Lal Paudel
Contact email: paudelhari@gmail.com
Harrisburg, PA 17025
Copyright © 2010, Hari Paudel
All rights reserved.ordinary
ordinary, ordinary! ordinary!!
ordinary way, common sense, personal, car, engine light, used car, new car, computer, tips, education, educational purpose, traditional education, environment, social environment, political environment, house, house buy, lawn maintenance, diversity, investment, stocks, job, job search, interview, good performance, kids, children, manners, study, Nepal, Nepal prime minister, Nepalese culture, Nepalese view, passion, goal, purpose of life, hand made product, bed cover, bed skirt, art, digital art, recreation, vacation, planning, story
----------------------------------------------------------------------------------------ordinary
Please share your thoughts about this issue, and Let me know how I can make it more useful.
HTML Comment Box is loading comments...