Axekay
05-07

My investment journey thus far and at this current phase is not all rosy. $Zip Co Ltd(ZIP.AU)$  was first purchased when I was young and new to this investmenr journey and my senior who was working at the firm was telling me how much growing potential this stock has. Sadly, the stock plummeted as soon as I bought it, and every dip I bought invited a deeper dip - till it reached to 50 cents and I was more than 90% down in this stock.

From this painful experience, I learnt the importance of understanding the underlying company behind the stocks I invest in (e.g. my conviction for $Tiger Brokers(TIGR)$ is high as I myself am an TIGR user and I love how it simplifies the investment process for all kinds of investors). While I have not sold my $Zip Co Ltd(ZIP.AU)$  shares yet (its outlook doesn't look too pessimistic thus far, still believe it can go back to its past glory), every investment mistake is a good learning point. It is ok to make mistakes in investment, the good can cover the bad [Shy]  

# 💰Stocks to watch today?(18 Dec)

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  • SiliconTracker
    ·05-07
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    Feel free to keep it there, as a little reminder.
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    • Axekay: 
      thank you for your invaluable advice
      05-07
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  • Tiger_CashBoostAccount
    ·05-13

     Remember, investing is a marathon, not a sprint. It's natural to face ups and downs. Stay focused on your long-term goals. You’re welcome to open a Tiger Cash Boost Account and use contra trading to enhance your strategies.
    Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
    Other helpful links:
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