Avoid Being A Bad Investor with Peter Lim
Change has always been the only constant happening throughout the whole world. Despite the pandemic outbreak, the economic crisis in free fall & unemployment numbers raises, we could still see that stock markets are still hitting records and surging higher than usual. Why?
Well, we are so fortunate to invite Peter to answer those questions for all of you! Be sure to tune into our session if you have doubts or a need for advice on investment!
Peter has been active in equity investment spaces since 2003, playing various roles including analyst, fund manager, Head of Equity, and CEO of local and foreign asset management firms. He is also involved in social work with KMSSG Charitable Society.
soundtrack credit: https://www.bensound.com/
SUMMARY
-----------------
The truth is, as Peter pointed out, that the biggest challenge when investing is the investors themselves! When investing, investors play with their own psychological games! Investors often buy shares when they are high and will sell them when they drop – BIG MISTAKE! Don’t repeat this again! As an investor, the best thing to do is to bet on the share that you are most familiar with. By doing so, your knowledge on the share will help you decide when you should invest in a specific company.
Here are a few takeaways:
1. Investing is always a risk. You can minimize the risk with your knowledge of your investment.
2. Investment is not a competition. Set your objective and be happy with it. Be happy for others if they earn more. It's their merits.
3. Before diversifying your investment, count your capital. Always know what you invest.
4. Three Investment Analysis Questions: Is it a good business? Is it a good company? How much are you willing to pay for it?
#1010bookclub #peterlim #whatilearntasananalyst #limtzecheng