2019 come and go. In the blink of an eye, it has been 10 years since the Great Financial Crisis took place. As I look back, I can’t help but feel intrigued at the transformation of my wealth building journey. This blog was borne in an era of great financial upheaval and also at a time when I was struggling financially. Specifically, 2009-10 was the period in which I lost a substantial portion of my wedding expenses to the stock market.
The loss was attributed to a poor strategy executed for one of the penny stocks – China Enersave. I have always maintained that there is no good or bad stocks. In investing, there are only good or bad strategies. When the share price of a stock dived, you can always choose to cut loss or short-sell. In my case, I did nether. The loss of my wedding expenses culminated...