MAN STARTED INVESTING AS HE DON’T WANT TO WORK TILL HE IS 60 YEARS OLD

MAN STARTED INVESTING AS HE DON’T WANT TO WORK TILL HE IS 60 YEARS OLD

Singapore Uncensored·2024-04-03 07:01

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The most positive investing story is that I actually started investing. Till 2019, I had no clue about investing.. I was too busy, being stressed out from my job.

Even though I have a good job, the thought of working till age 55/60 terrified me. Having to work throughout my youthful years made me feel depressed.

The pandemic gave me enough time to know about investing, and it felt like I have a new purpose in life. I realised that letting the money sit in Savings Account is a waste.

I started off with mutual funds, and invested a lot during the last 6 months. Those funds have grown considerably, and I am very eager to keep investing for the long term.

Investing makes me feel a sense of relief that everything will be alright, and that I can become financially dependent without relying on my job. I can’t get enough of investing!

I have also been dabbling in stocks. These are two of the most satisfying investments I made in the last few months :

PVR – 11.26% returns till now – The cinema stocks have been hit hard by the pandemic. Came across PVR and Inox stocks, and realised that they were undervalued & that they’d rebound eventually. Bought 20 stocks. It’s been doing good so far.

REC LTD – 22.37% returns till now – REC LTD has been trading at a very discounted price during the last few months. Bought it for the eventual price appreciation AND the dividend yield. It has probably the best dividend yield of any stock that I have seen. Bought 500 of it, and also received an interim dividend.

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