Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
2022 Recap: The worst, the best, and the stories behind
Views 151K Contents 266

My Most Memorable Thing in 2022

My most memorable event was in February-March, when Russia invaded Ukraine. I learned a lot because I was just starting to learn how to invest back then (January 1st). The stock was at its peak, although I didn't know that was the peak at the time.

I remember thinking, oh, this is an investment, it seems easy... I remember bank stocks $DBS Group Holdings(D05.SG)$ It rose to $37.

At the time, Russia only said they were training near the border, and everyone else doubted that Russia would not invade. Well, stocks have been declining since then. I remember thinking this wasn't possible (like everyone else) because we just got out of COVID-19 and it seemed unlikely that there would be more bad news. After nearly two years of stock growth, no one expected the bubble to burst. Technology stocks such as $Amazon(AMZN.US)$ Bearish $Alphabet-A(GOOGL.US)$ Bearish and $Tesla(TSLA.US)$ Bearishness is at an all-time high.

That's when, as an investor, I learned what not to do. This is basically my ten-year series, compressed down to just a few months. I realized that I bought stocks at an all-time high and didn't care about the entry price or the fact that the stock was overvalued. I don't know about fluctuations; what goes up is bound to fall. Yes, I bought my Tesla for $1,200 before it dropped. I joined this trend and realized that everything was moving south.

Even then, with the huge losses (it was huge for me at the time, although my bar was raised because... well, there was no choice, right?) , we are unwilling to let go of our losses on our books. For my part, I hope Russia will end the war as soon as possible. This will all be over soon, at least that's what I think. If you didn't think today, who would have thought the war would last this long.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
8
+0
See Original
Report
37K Views
Comment
Sign in to post a comment
    67Followers
    28Following
    293Visitors
    Follow