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A BIG SURPRISE

  • BecomingFI
  • Nov 16, 2021
  • 2 min read
That awesome feeling when you find money in your pocket that you didn't know you had.

Finding money in your pants pocket is an inexplicable joy. It's always nice to find money we don't even remember, isn't it? And that was exactly the feeling I had when I opened my brokerage account after almost four years without seeing it.


As I said before, I stopped following the stock market in 2014. At that time, I invested in the stock market through technical analysis. I bought stocks when the chart indicates they were overvalued and sold them when the chart indicated the opposite, but to avoid losses I placed stop orders.


In fact, I should do this, but because of my job I couldn't devote time to my operations and I forgot to place stops orders, which attracted Murphy's law. Most of my shares have gone down more than the selling order I would have placed. I was really frustrated because I didn't want to lose money, so I left my shares there unsold, hoping they would go up.


There were shares of four companies: POMO4, RUMO3, USIM3 and PETR4. I bought POMO4 for R$ 2.15L, RUMO3 for R$ 7.30, USIM3 for R$ 7.96 and PETR4 for R$ 13.18.


On average, I got a return of 10% per year investing through technical analysis, but as soon as I opened my account after almost four years without seeing it, I was shocked by what I saw. The shares I kept in the account had incredible profitability: POMO4 (192,02%), RUMO3 (176,40%), USIM3 (140,08%) and PETR4 (137,85%).


I really didn't expect this, because up until that point I was thinking about making money in the stock market by buying a stock and selling it at a higher price after a few days or weeks. So I've completely veered off my way of investing.


Nowadays I invest in companies that pay good dividends, but it took me about two years to consolidate my current strategy, wich I will talk about later.


Cya!







 
 
 

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