I went to an Investors seminar after I graduated from University and learned about investing through mutual funds. I started with my first paycheck, depositing money religiously into an Investors account. They sent me a pair of financial investment counsellors to my house to orientate me about the company, their mission and their objective – to grow my money.
In 5 years, I watched my money dwindle to 50% of what it was worth. I decided one day to cash out and move my money elsewhere. But where? I decided to go with a discount broker and make my own decisions. I developed my own system and trusted my gut feeling. After 3 years, I made back what I lost.
Now, I refuse to listen to stock brokers. Read less and do my own homework. I want to blame myself than others for losing my own money.
