“Write it down!” “It’s not enough to have it in your head” These are snippets of a recent conversation I had with a very close friend of mine about investing and investment goals/plans. It all began when I asked him about his investment goals for the year and how far he is from achieving them. …
It feels like free money until you realize that you have to pay back with compounding interest. I have the same feeling when I spend money using credit cards (high-interest debts). And quite frankly some of the things I spend that money on were STUPID things. You go on a foolish spending spree powered by …
For many years, I was a low-income earner, and the idea of investing with the little money that I was making was more than ‘just an idea, for me, it was my only way out of financial insecurity. However, I initially had doubts. I questioned the prospects of investing with little money. Is really worth …
I have received a number of emails from avid readers of my blog asking ‘how do I start investing?’. The emails typically go like “Hi Henry, I’ve $xxxx and I want to invest it, how and where do I start?”. You are not alone, WE are not alone. There are a lot of people from …
The past couple of weeks, for growth investors, has been like watching Diamonds becoming Quartz: High-flying stocks becoming fast-sinking stocks. Week after week hope of a turnaround becomes dimmer and dimmer as performance gets from bad to worse. Tesla (TSLA) and Zoom (ZM), two of the wildly successful stocks of 2020, are down over 12% …