Pablo Romero Barrios recounts his early investment experience during the dot-com bubble burst, highlighting the importance of diversification and the limitations of relying on historical performance. His journey underscores the value of learning from mistakes, conducting thorough research, and adopting a long-term investment strategy.
After losing much of his initial investment when the dot.com bubble burst, Pablo Romero Barrios learned the importance of a diversified portfolio and that historical performance isn’t a guide for how an investment will perform in the future.In early 2000, in my late 20s, I decided to invest money I had saved during my first few years of working. I remember being excited; it was the first time I was making financial decisions on my own.
I also learned to do my own research to better understand what I’m investing in and not just take advice from someone else. Looking back, I feel lucky to have learned those lessons early in life when I didn’t have as much money to lose. Those served me well, and I’m glad they didn’t put me off investing altogether.Because I didn’t need the money, I decided to hold on to that fund until it recovered. It took 15 years! Meanwhile, I set out to learn more about investing with much more skepticism.
INVESTING DIVERSIFICATION DOT COM BUBBLE HISTORICAL PERFORMANCE Etfs
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