Reflections After Watching "Money Monster"
I watched the movie “Money Monster” last Saturday. Other than it being a damn good movie, it also relates to investing on numerous occasion, especially an investor’s mindset. I will try to recall the scenes while it is still fresh in my head and explain how it relates back to my mindset of investing. SPOILERS AHEAD! Do note that I have already forgotten what are the characters’ name and the scenes explain below are not very accurate. I am just explaining what I recall from the movie that relates back to my investment mindset. Scene 1 “The intruder explained that he had put all his savings into the stock prior to its share price crash.” During my Sharing Sessions and maybe some of my previous posts, I have stated that an investor mindset, especially a novice, should have the following: Invest only using a fixed sum at the start, increase slowly only when you are more experience. Only invest using your disposable income. Be prepared to lose all your money. Have a long t...