AHA MOMENT

The key to investing was not in the short term, but in the long term.

At the end of 2017 I decided to return to the stock market. And for that I should go back to studying technical analysis, because at that time I believed that it was the only possible way to get rich from the stock market. But I couldn't find my books on technical analysis.

I thought I left the books at my family's house when I moved into an apartment with my girlfriend. But I didn't find them either in my new apartment or in my old house. I was determined to buy new ones, but even before buying them I decided to read about investments on blogs and news sites, as I was very outdated.

But I completely changed my investment idea after reading an article about the largest individual investor on the Brazilian stock exchange.

BRAZILIAN WARREN BUFFET

If Warren Buffett is the world reference for most investors around the world, in Brazil we have Luiz Barsi Filho

Luiz Barsi Filho, considered by many to be the most successful investor in the Brazilian stock market.

Luiz Barsi Filho is known as the King of Dividends. His strategy: build a portfolio of good dividend-paying companies and take advantage of downturns to buy stocks on the downside.

I was delighted with your story when I first read it. But even so I was in doubt whether this was possible to replicate. But as soon as I opened my brokerage account, I no longer had any doubts that I should invest in good long-term companies like Barsi.

A BIG SURPRISE

It had been almost four years since I last accessed my brokerage account. As soon as I opened my account, I was shocked by what I saw. The shares I kept in the account had incredible profitability. 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 realized that the key to investing was not in the short term, but in the long term. So I've completely veered off my way of investing. I started researching more about buying stocks and holding them, specifically focusing on companies that paid good dividends.

And that's exactly what I've been doing for the past four years. And that's exactly what I've been doing for the past four years. And I don't regret it one bit. In fact, on the contrary, this way of investing brought me even more peace of mind, which I will tell you in the next posts.

And to think that if I had found my books on technical analysis, maybe I would have continued to fall into the same trap as always.

Fortunately, I found the books two years after I changed my way of investing. I had lent the books to my cousin. Maybe it was the best thing I've ever done about investing.