Today, I was messaged on Reddit; I was asked for financial advice.
I'm not very active, but when I see a post of someone looking for information on passive fund investing I usually reply with some information. I'm a blabbermouth and a typerfinger so I like to be thorough and careful with what I say. It's the second time someone's messaged me personally asking for further information after reading something I wrote and getting the impression I'm some financial wiz.
Thing is, I've been investing for some 2 months.
I like to help and I believe I'm saying things right, but I'm so scared of the Dunning-Kruger effect. Before I ever put a single cent in the market I looked things up, read and read, listened and asked; I'm as careful and thorough with what I do with my money as I am with my online responses. Still, I'm barely a rookie!
On one hand, if I can help someone, I think I should. On the other hand, how can I help someone if I barely know what I'm doing? I'm confident, really I am, but I'm painfully aware that my year of research isn't enough to know everything, and I'm painfully unaware if it's enough to know even just a few things.
I think I'm staying pretty safe, I try really hard to stay safe; if I err, I try to do it on the side of caution. Still, what am I to do, I wonder.
As I write this, I'm listening to Test Drive from HTTYD. Really good song.
Mostly uneventful week, not much to report today. Hopefully my backpack comes next week, that'd be very, very nice.
Going back to investments though, in these 2 months I've been down as much as like 8% I think? My first investment was right before the crash back in August. Now I'm up almost 2%. It's nothing special, it's nothing fancy or even complicated, and it should work. I really think it will. If it doesn't though, I may be leading some reasonable people astray. I don't know.
At the end of the day, I guess all I can do is what I think is right and live with the consequences.