Sunday, 11 September 2016

The last few weeks I've been learning how to invest and what to invest in. Its been a rough start loosing roughly $11,000 but Im slowly understanding how I lost it and how I can regain my money again.

This past week I've invested in Enbridge because one evening while I was watching the news I heard that they had bought one of the biggest energy companies in the Unites States and I thought to my self that it would be a good idea to research how they were doing. Upon researching I saw that they had a small increase from the time they bought Spectra. I then placed an order to buy 1000 shares. After being in that stock for a little while I saw that they were still increasing and I knew that I made a good decision in investing in them. To this day I have made $1340.

I've also made some stupid mistakes, like selling a stock when I saw it had a small decrease. I had invested in JNUG before and two days later saw that they were red and immediately sold them. What I didn't realize was that in order to make money I must "ride the wave", meaning to be in the stock even when its going down because the next day JNUG had a huge increase and I was dumb enough to sell before the increase and missed out on making a lot of money.    

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