My 10K challenge is still on.
I change where the 10k should be going last
April but nevertheless the total is still 10k.
The breakdown is basically;
Tithes
Investments
Self
Love Fund
This cut-off I will set aside 5,000 pesos and
this will be divided into 3.
·
Ten Percent for tithes around 1,300.00
·
500 pesos for self-love fund
·
The remainder will be for investments 3,200.00
Update for my Stock Market Investment
After losing a big chunk of money last February,
I get a bit afraid to place real orders in the stock market.
I have small trades which yields almost
break-even, because I easily get out of the trade with fear of losing big.
Overall, those small trades are still gain but really it is so small to even
mention in this blog.
I spend a lot of time studying and looking back
and forth on the charts this half a year of 2019.
I even got tired of PSE at some point and
started studying Forex but I will hold my study for forex for the meantime and I
will see if I get another inspiration for me to continue that.
Now, I have an active trade in the PSE but its
on the red for almost a month now.
It’s a bluechip company so I do not worry about
the dips on price, I am just concerned because I didn’t expect that it will dip
even more.
Well I guess my self-study of the stock market
is not that highly effective, anyway, I do not worry about that because I am
still eager to learn more strategies in the future until I such time I will get
that perfect indicator.
Thoughts About The Stock Market as Investment
It’s really true that there is no get rich
quick thing going on in any kind of investment, even the stock market.
Because I think on some point everyone should
go through the learning curve.
Despite this, overall, I really enjoy involving
myself on any kind of investment opportunities because this makes me learn more
about things.
Like Roberto Kiyosaki said from Rich Dad Poor
Dad, the more you fail and learn the more you have the confidence to try again.
Well, he didn’t exactly said those words, but
that is the message that partakes in me when I read his famous book.
They said that the sole difference between the
winners and the losers is that winners
never give up.
It’s actually a good attitude to develop, not
to sit too long in the corner in times of failure. Enjoy the process and try
again until you get it..
Final Thoughts
For now, my 10k challenge is still up if in case
another investment opportunity comes in or adds money to my existing investment.
I am looking forward to my investments to
yield so I can fulfil my purpose to build a passive income until its enough to
cover my daily expense and want.
That is it for now, thank you for reading all
the way!
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