I started my investment journey back in Dec 2008 and my first trade was Singtel. Back then, the economy was gloomy, whatever I buy, I make money. This boost my confidence, stock market is so simple and easy to make money. But this was not true at all. Stock market can make you go bankrupt as well if you did not do your own homework diligently. Although I made some money in the stock market, but it was due to the Global Financial Crisis in 2007/2008 period which made it so easy to make money as stocks started to recover, that's why I made money.
Back then, I do not have any financial knowledge on the stock market. I bought all those bluechips that I feel was safe. Now, I recalled back, even bluechip itself was not safe at all. You can see example like Starhub, Semb Marine and Noble Group which they were already dropped out from the STI components and be replaced with another higher market capitalisation stock in the standby list.
I began to research more and found there were many bloggers sharing their knowledge and insights of the stock market. I had learnt from them and now I started my own blog to keep track of my performance. My goals was to invest for income with about 7% dividend yield of return, I hope to see my portfolio achieving 500k when I reached 55.
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