The NO-NOs Before Investing

As I go along to the journey of life, I get more convinced that investing really plays a vital role in my future and surely as well as to everybody. When I was a beginner, well, I’m still a beginner though,  more and more questions arose in my curious head day by day. Mostly were about the HOW’s  of investing. I would never forget the million dollar question I asked to myself before I got so certain about investing in the Philippine Stock Market- “How does the rich get richer effortlessly?”  A friend of mine shared me the book  The Guide To Investing by R. Kiyosaki. To me, everything became POOF! The heavens got opened and enlightened me. LOL Well,  I just got a chunk of the dos and don’ts of investing at that time.  Still, the road of it is not always smooth as what a beginner always thought it would be. 

Here are five common things new investors fail to have on or before entering into world of investments:

1. No Erudition


What is erudition? You may ask. It is simply the understanding acquired by researching. Newbies tend to enter into something they do not fully understand. Do not rush to have an investment without knowing and studying it. It has its own right timing. It is when you are already knowledgeable about the pros and cons of what you are getting into. Having not enough knowledge in an investment can also be a great way to get scammed. Congratulations! 😀


2. No Target


Having a reason why you invest keeps your eyes on tract. Start asking yourself why you want to invest in the first place.  Your WHY(s) should be bigger than your fears, doubts and distractions *insert tears here*. This is also considered as your great motivator to achieve your deepest desires when everything else falls apart. A target also minimizes your choices in investing. It’s because all the choices that your going to have should be anchored to your goal and the ones that are not will be automatically eliminated. That simple.


3. No Rainy Day Fund


The rainy day fund is also known as the emergency fund. It enables you to sleep without worries at night. Some call it SWAN Fund- Sleep-Well-At-Night fund. This makes investing less riskier but most newbie investors fail to have it because they get too much excited about putting their money in an investment instrument. They don’t realize that when they lost their job for instance, there is a big tendency of liquidating their investment because they badly need it. Having a three month to six month worth of salary can save you from that situation.


4. No Security Fund


If you are Superman or someone who knows what will surely happen in the future, you do not need this. Skip reading and go to the next number. Love you.

It is simply insuring yourself as well as your family against any financial mishaps due to any unfortunate situations like accidents or even death. This also protects your investments like the emergency fund. The best thing about this fund is, it can provide you a huge support that your emergency fund might not be able to provide once you need it the most.

5. No Patience



I’m telling you with conviction that investing is a boring thing. It is because it takes a long time to realize gains. Well, it depends on what kind of investor you are but still without patience, unexpected actions can ruin your plans toward your goal(s). Be careful. Don’t let your emotion play your game. Be patient and follow your plans.  Remember, “Timing is everything”, that is what they say. For me, pizza is everything. Just kidding!

Thanks for reading! Now eating pizza while listening to Sorry by Justin Bieber. Don’t imagine me dancing.  😀

► wooohh ohhh woohhh sorry.. ♫♪♫♪

PS. The photos are not mine. Credits to the owner.


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What is Paftee?

Paftee is derived from the phrase “paradigm shift” that means change of perspective. This blog contains the directions I make in my investing journey. It enables me to record and revisit my thoughts as I get my own analyses of life. I hope to make a difference in the world even through this small thing.

“Fill your paper with the breathings of your heart.”
—William Wordsworth



This is my stress reliever.