This is the second part of my experience of my first year investing in the stock market. Please read Part One first.
Being a foreign investor
I had no clue how things worked being a foreign investor, could it be done? The answer is yes. The great thing about the Internet is that it has opened everything up so that even someone as clueless as myself can own a share in companies all over the world.
I can’t comment on companies beyond the UK and US, but for my US shares, I just had to sign some additional forms declaring my legitimacy for receipt of dividends.
Another tip to consider is to always take into consideration the current exchange rate, I have overestimated how many shares I can buy due to miscalculations.
Continue reading “Investing in the stock market for the first time: a retrospective (Part 2)”
Many of us setting goals severely underestimate the value of our potential and our ability to aim higher.
By the low expectations we have and the lack of self-belief in ourselves mean we are living a life of constant underachievement.
We seethe in the corner as people we perceive as ‘arrogant’ get all the breaks – all the power, all the wealth and all the success. We dwell on those people – and think “they haven’t paid their dues.” But the over confident have something in common, which we can learn from – the ability to aim higher.
It’s time to stop selling ourselves short.
Continue reading “Aim Higher”
Following in the footsteps of someone who is exceptionally talented can be a daunting and intimidating prospect.
Whether it is with work where you take on the job of someone who is described as “invaluable” “a massive loss when they left” or “did so much for us” to having family or friends who are massive successes in your own right.
This can all put a bit of pressure on you where you will just feel inadequate and maybe even think “it’s not even worth trying – I will never be as good at them!”
The temptation is to quit or just be average at best and not care what other people say. But mediocrity is not the best approach to life. There are other ways of making your own mark – even against someone who sounds like the second coming of Jesus Christ himself! Continue reading “How to make an impact when you follow in a successful person’s footsteps”
Writing this blog gives me a lot of opportunity to reflect on my life – I have referred to it many times as “free therapy” because just by writing through my problems, reflecting and explaining what I intended to do has helped me get through some tough times.
I sometimes come across unwanted reflection as I start to dig deeper and I get that horrible twitch in my head of when I have been truly wronged. Continue reading “The Best Revenge”
Trying to Passing my driving test, exposed me to some of the worst advice I ever received.
“You’ve failed your test, just book straight back onto it…”
this didn’t consider that I should reflect where I went wrong or find a better teacher – this resulted in a waste of time and money.
A Pattern of Failure…
The first time I took my driving test, it was a disaster. I had got myself all worked about passing my test that I was shaking before I even started. Continue reading “Learning how to drive”
Many years ago I bought a guitar. This decision was motivated about dreaming of playing in a band.
I never wanted to be the lead singer, but be the cool, sullen guitarist, who stood in the background, but was the real talent that carried the band. Being the hardworking, introvert really appealed to me.
Continue reading “Dreams and Reality”
Did I mention I got promoted? (As I set out in my goal/system… whatever)
It was funny because my assigned mentor had done a lot to protect my confidence.
Continue reading “I can and I will – watch me (Part 2)”