I started my investment journey more than 10 years ago when I was serving my National Service. Back then, I had bought 2 lots of Unisteel using my brother’s account and I remember I had invested about SGD2000. It was a small amount of money by any measure but I found it memorable because this investment kick-started my wealth building journey and led me to create my first investment notebook.
Unisteel was a listed company that specialized in producing fasteners and screws for computer hard-disk drives. By and large, it was a successful investment as the stock price increased consistently throughout the years. I sold my shares in Unisteel before it was de-listed and had went on to invest several other shares in the SGX.
Although my experiences with Unisteel was a positive one, I had my ups and downs with other stocks. Nonetheless, these battles had provided me valuable investment experiences.
Throughout the years, I had kept a little blue notebook to capture down my various “victories” and “defeats”. To me, investing in stock is like being engaged in a war. You have to prepare and research well; devise strategies and tactics to win the battle. Of course, choosing the right generals (stocks) is crucial as well. Nothing beats the thrill of finding a multi-bagger and the anguish of owning a “falling knife”.
It is through all these battles that I became a better and wiser investor. The little notebook contains my various thoughts and reflections made throughout the process of investing. It has served me well and honed my investment experience. Do you keep an investment notebook as well?
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