Monday, April 27, 2020

WHAT AM I DOING NOW?

WHAT AM I DOING NOW?


One of the best things happened in life recently is Covid-19 outbreak. Our government started the lock down ( MCO- movement control Order) since 13/3/2020. Hospital business was down almost 50 percent in my hospital, that made me have more time to read books I enjoy most- investment books.

I managed to finish 10 books within the first 3 weeks of MCO and I finally realized I made a lot of mistakes in my investment journey which costs me a lot of money. I made a lot of money by investing in property but unfortunately I was having a lot of headache managing tenants.

Therefore I ventured and put a lot of money in stock markets a few years ago, unfortunately the return was lousy and my portfolio was down almost 30 percents in 5 years.

After reading Andrew Hallam's book " Millionaire Teacher", I decided to start investing in ETFs and I believe it is the safest and surest thing in beating the market!

MCO helped me to finally look at my portfolio and realized my mistakes. MOC also made me of rethinking what I want to do after 5-10 years.

 

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