My first experience of investing in the stock market was terrible. Back when I was young and naive, I got a lump sum after my brother decided He wanted to sell a property we owned together. I did not know what to do with my half of the proceeds of that sale.
So, on the advice of an old family friend, who I trusted at the time and who was well versed in business and finance, I invested the money with a broker at a well-known Bank.
Unfortunately, the fund did poorly, and it lost most of the money. Besides, I had to go through an elaborate ritual (sending faxes, etc.) to extract my own money from this Bank. Not only was my broker charging a significant fee, but he was also arrogant and uncooperative whenever I asked him why he was losing my money.
Has your fund manager lost most of your money?
It’s easy giving people advice on other people’s money. It’s even easier managing someone’s money when they don’t have a lot. A bigwig might ruin your reputation. But if you lose a small-time investors money, 99 times out of a 100, you’ll have zero repercussions.
I have used my experience in Cyber Security to select some reasonably safe, but high returning Cyber stocks. I have invested in Gold as a hedge against currency devaluation due to massive government economic interventions.
This is not a ‘snake oil’ pitch. I am not claiming that my strategies are a foolproof way to make money. All I am saying is – here’s what I’m investing my own money in and here’s why I’m doing that, and up until now, it’s been successful.
This webinar is simply my attempt to stimulate a discussion on investments. Maybe, like me, you’ll start making some good money from it. I’m keen to hear your views as well as your questions too. Perhaps I will learn more from you than you will learn from me?
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