This will simply be the records of my journey in starting off investing.
It is probably going to be relatable to anyone who is starting to look at investing and still isn’t sure if ‘stock’ and ‘share’ mean different things. I don’t know, but I don’t think it matters.
There’s a lot I don’t know and I don’t aim to become an expert. It is very likely that my first investment won’t be totally well-thought out, and will come with a lot of issues, regardless of how much time I put into deciding what to invest in.
I don’t intend for this to be a guide in learning how to become a master investor. It has a pretty specific intention: to follow my thought process regarding a 20k investment into an ETF (VDHG). I am already a few steps into the process, but there is still one thing holding me back: fear of recession.
I get the sense that I am going to go through with the purchase based on a long-term (10~ year) investment plan which will ride out any potential recession. And so I want to have this blog ready for when I panic and regret things and think about changing my mind. If anything, it will allow me to make decisions more slowly by reflecting; and also allow other new investors to learn something and maybe know that these panicked feelings are normal (and inconsequential?).
My next post should hopefully be when I have made the purchase and then I will have time to describe what brought me to do it; what was holding me back; whatever else is relevant.
AnxiousInvesting 