How Losing Most of My Money Led to a Better Investment Strategy
I wish I could have read this article back in May 2007. At 30 years old, I took out a loan and poured every cent I had into a single Greek stock. For a few months, things felt fine. Then the 2008 subprime mortgage crisis hit, followed by the Greek debt crisis. My investment was wiped out. I had to walk away with only a third of my capital left, pick up the pieces, and figure out what went so wrong. The hard lesson was that I had failed to answer the two most fundamental questions in investing: "What should I buy?" and "When should I buy it?"
Investment