This counter is the first investment I made when I started my investment journey back in 2018. I was noob that time to decide to buy Hyflux because they are "cheap" and "good name". I am so noob that I used market order to buy at a premium, hoping it will rebound one day.
Luckily my noob also save me from huge loss because I only buy 100 units because I don't know what I am doing that time.
And the result, few hundred dollars of hard earn money go to drain.
What I learned from this case:
1. Don't invest blindly, don't buy a company share because they look cheap and the company has a nice image. Always do due diligent check before making an investment decision.
2. Never assumed company backed by ah-gong aka Temasek won't fail.
3. Have an exit strategy when things start to look not right
This checklist from Seedly is a good read before you start your investment journey.
Invest safe!
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