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RE: Musing Posts

in #musing-threads6 years ago

Usually these has to do with financial mistakes.

  1. After I graduated, I had been given a credit card which i think was complementary because of the house loan. There on, my credit card had a limit of 9 000 which I kept on maxing it. It took me around 11 or 10 years to pay for it. It was not because I did not because I could not pay the minimal required amount, but once I paid , i felt the urge to impulsively buy new things. My mom intervened at some point and made sure that after I fully covered my credit card, i would cancel it. There and then, my life has turned better.

  2. I had been a successful investor as i started to invest. In fact quite successful that it got the best of me. I then got greedy. I thought i was invisible, so i made my next mistake by using too much margin. I lost 4000 in a few days and then I made some amateur mistakes that hibernated myself from doing any investments for a long time.

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