Major lessons learnt

A few of the major mistakes that I made in my investing journey, in the SGX stocks are with SembMarine and Starhub.  

    For SembMarine, my average buy price was around $3.8+ and sell price was about $1.2+.     

    For Starhub, my average buy price was around $3.9+ and sell price was about $1.7+. 

These figures, though rough, serve as painful reminders of the substantial losses incurred. From these past mistakes, I've gleaned the importance of exercising greater caution and conducting thorough company analyses before committing significant capital.

I've since established certain rules for myself, one being the 4M criteria:

Meaning: When investing in a stock, it must hold some significance in my life. Understanding the business, its products, and revenue streams is crucial. It's better to invest in something familiar rather than diving in blindly.

Moat: This criterion emphasizes the company's competitive advantage over its peers. A robust moat enhances the company's resilience and long-term prospects.

Management: Assessing the company's leadership is essential. While frequent dividend payouts may signal shareholder-friendly management, it's imperative to scrutinize their track record and overall performance.

Margin: Finally, I consider the margin of safety before committing to a purchase. Buying at a reasonable price allows room for error. Technical analysis, such as utilizing indicators like RSI and MACD, aids in identifying optimal entry points.

By adhering to these principles, I aim to mitigate risks and make more informed investment decisions in the future.

This is my journey.