When I first started investing, I thought about how good it would turn out, how investing can be the answer to a better life. I went for seminars where the speakers promised good returns if you learn it correctly. With much hope and expectations of a good outcome, I started investing.
10%, 20% returns were easy at first. Maybe it was beginner's luck, I made over $1K in a short period of 3 months with just only $5K. That was 20% return on investment. If you ask me what was the factor behind the success that time, I would have told you it was because I expected it. However, I was totally wrong. The reason why many people fail in their investments is not just because of a lack of knowledge or luck, it is having the wrong expectations.
Expectations
Fast forward to one year later, I lost everything and ......