I sent the following newsletter to our Value Investors Club members two weeks ago.
I wanted to share my experience and my actions in the current market condition.
The BigFatPurse team thought that this newsletter could be extended to our readers too.
We hope that you could glean some insights from it.
Below is an excerpt, and not the full newsletter.
My Expectations Were Miscalibrated
When I first invested in stocks, I was anxious to see my investment grow.
But the stock market does not reward according to one’s desires. It was slow when it comes to investing. I lost some patience and my interest waned.
When the market corrected, I ended up even more disappointed.
I was expecting to make money and not lose any.
Disheartened, I hopped to another strategy. In fact, I hopped from one to another as soon as I tried it and it ‘didn’t work’......