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Showing posts from February, 2021

Red Friday: Did you panic?

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"Biggest fall in a day since May 2020" came a ping from my senior at work. The day is Friday, 26th February 2020, when I realised that we're lucky to witness the times we live in. Sitting remotely in our pyjamas, with our modesties barely covered, some of us witnessed the Mars landing. For those a bit more financially inclined, we witnessed the stock markets around the world soar to eclipse their previous highs.  Then came today, the Friday. Pretty sure it shook a lot of people out of their hazy optimism. Because when the markets fall, Mamacita do they fall. Those invested in it for the long run needn't worry, or so I read. But those in for making a quick buck... god save them. But there's beauty in it, watching the candlesticks on the charts turn from red to green, then intermittently back to red, and the cycle continues.  "You realise your true character when you're actively invested in the markets," says one of my mentors, often. Wise gentleman, c...

We're reading this, aren't we?

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Mr Dorsey and his fellow social media barons might well be the butt of a lot of jokes and judicial scrutiny. Nevertheless, we're fortunate enough to click random links on Twitter, aren't we? In the middle of a pandemic. Yep, the counter isn't exactly ticking as fervently as it did around last March, but we're far from over with Covid.  Thankfully, we survived. Many thrived. But be in zero doubt that this was a result of privilege and luck, so don't get too proud about being alive. Agreed, some capitulated to frustration, some sought solace in food, some in Netflix, alcohol (or both), and some found their drug in the stock market. Oh, hi fellow investor/trader/newly unearthed stock market enthu cutlet. Here's the deal. Since there are so many of us who recently decided to trust in the mad rush that is the stock market, I thought why not document the process and learn a thing or two about investing. I've been a bit aggressive with 'investments' for som...