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Why did you start trading?
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I hate finance ... but I'm here

I started earning money when I was a teenager. I didn’t really have a concept of what money would mean for my future (early retirement, etc) - I was only enjoying the satisfaction of receiving my pay check and buying small treats for myself, family and friends.

My mother asked if I wanted to invest I’d give part of my salary so she would help me grow my “wealth”. Even after I started working, I was putting away money into funds and such, so that “the experts" could manage it for me. I hated the complicated world of finance. I thought that if I had to trade actively, it would take away precious time that I’d much rather spend on other things.

While those passive investments are relatively safer and hassle free, they also grow very slowly Now, I want to enjoy a life where I don’t have to work so hard anymore, so I'll need to find ways to make my money work harder. That’s when I begin to explore trading, and surprise! It’s not so annoying:

Trading is actually quite interesting, as it requires constant research and learning to keep up with the market and the overall socioeconomic/political environment.

There is always something new that I don’t know, as more experienced traders have been generous in giving tips and sharing their know-how or opinion

There is a sense of camaraderie in the Moomoo community, making me feel that this is not a lonely journey and I can always ask for help
I hate finance ... but I'm here
What I'd do differently, if I were super young again
I support young people who want to begin their investment journey early. As mentioned in a previous post (Gen Z and debt), I’d put aside my part-time job earnings as the capital for investments. I’d be more proactive in scanning the news and be updated on the overall environment. I’d become more curious about the companies that make the products I use, and study them more closely.

Rather than giving my money to my mother to invest on my behalf, I’d ask her opinions and learn from her the trading ropes. Find several mentors with portfolios in diverse industries. And that’s why I appreciate Moomoo, because 人才在民间 and the most likely I might bump into one is on here.

I’d probably set a goal (although it’s not my favorite thing since goals stress me out). Rather than just collect pay checks or even profits from my stocks, maybe have a plan for when I’d like to start living life on my own terms. How much would I need to sustain the lifestyle I want - which of it comes from my full-time job, part-time job, passive investments, active trading, etc? Then, I can do my best to try and hit those goals.

Finally, I’ll still keep a portion in passive, low-risk, long-term investments. This will be the real retirement fund Everything else is part of my growth journey.
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Learning to win the battle of wits at the stock market.
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