What is the best investment that you have ever made? Please share!? - Seedly
 

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Asked by Isaac Chan

Asked on 27 Mar 2019

What is the best investment that you have ever made? Please share!?

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Yeo Enk Loui
Yeo Enk Loui
Level 6. Master
Answered on 29 Mar 2019

Ironically the best investment I've made is one that I didn't expect to make any money in the short term from.

I bought some shares of Electra Meccanica (SOLO) and somehow, due to a single Bloomberg coverage the following day, coupled with some news about Tesla, the share price jumped from US$1.92 to US$5.60 in 2/3 days if i recall correctly.

Moral of the story: stock prices may move without any sound reason/logic and one should never assume that returns based on sheer luck like this are sustainable.

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Dumb luck was one putting in down buy order on stock I was watching for a few months and that same day after market close was announcement that it was a take over target. 30% gain in less than 24 hours is nice.

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 28 Mar 2019

Paying to attend a workshop on options portfolio management. And attending the pro level one to get even higher returns. Targeting 60% pa compounded this year

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