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Why do people lose money buying stocks?
By Singaporean Talks Money  •  October 19, 2022
A lot of people must feel horrible looking at their portfolio during this period including myself. Every month there has been lots of tensions among the countries and no one really knows when the situation will improve. With investing, the macro-environment and various news can affect our portfolio which can range from different products. Some people who invests advocates long term investing and knowing that market works in cycles and eventually goes up, you are most likely predicted to be in profit over the long run of at least 10-20 years although it also depends on what you have invested in. However there are definitely many who lose money in the market. I am going to sharing why and how you can avoid them. Not looking at investing as long term One of the reason is not looking at investing as a long term thing. If you bought maybe a few months ago in 2022 or earlier in 2021, your portfolio might not be looking green with profits and I guess everyone’s portfolio has been hit as asset prices have been dropping....
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By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.
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