BIO: Kanit Nimmalairat is the owner of the YouTube channel and Facebook Naiwaen Investment, with over 200,000 followers.
STORY: When Kanit started investing, he made his worst investment ever when he went all-in on one commodity stock. The stock was selling at 34 baht, but the price plummeted to 7 baht. Kanit made a 100% loss on that investment.
LEARNING: Educate yourself on value investing. Have an investment principle. Consider a stop-loss, especially if you’re new to investing.
“Don’t go all in. Instead, build your investment position as you get better at investing.”
Kanit Nimmalairat
Guest profile
Kanit Nimmalairat or นายแว่นลงทุน (Nai-waen-long-thun/investment) is the owner of the YouTube channel and Facebook page นายแว่น ลงทุน - Naiwaen Investment with over 200,000 followers. He is also a full-time investor who is a master of investing in VI stocks and has various online courses on how to invest and gain financial freedom.
Worst investment ever
When Kanit started investing, he made his worst investment ever when he went all-in on one commodity stock. The stock was selling at 34 baht, but the price plummeted to 7 baht. Needless to say, Kanit made a massive loss on that investment.
Lessons learned
- Educate yourself on value investing and have an investment principle before entering any investment.
- Don’t go all-in on a stock.
Andrew’s takeaways
- Commodities are very volatile, and only consider investing in them when you’re in an inflationary environment for that particular product or commodities in general.
- Never invest in commodities for long-term gain.
- Consider a stop-loss, especially if you’re new to investing.
Actionable advice
Build a valuable investment principle. Don’t go all in; instead, build your position as you get better at investing.
No.1 goal for the next 12 months
Kanit’s goal for the next 12 months is to grow his investment portfolio and also increase his Facebook and YouTube followers.
Parting words
“You can build your financial independence by 2030.”
Kanit Nimmalairat
[spp-transcript]
Connect with Kanit Nimmalairat
- YouTube
Andrew’s books
- How to Start Building Your Wealth Investing in the Stock Market
- My Worst Investment Ever
- 9 Valuation Mistakes and How to Avoid Them
- Transform Your Business with Dr.Deming’s 14 Points
Andrew’s online programs
- Valuation Master Class
- How to Start Building Your Wealth Investing in the Stock Market
- Finance Made Ridiculously Simple
- Become a Great Presenter and Increase Your Influence
- Transform Your Business with Dr. Deming’s 14 Points
Connect with Andrew Stotz:
Information
- Show
- FrequencyUpdated Semiweekly
- PublishedApril 21, 2022 at 11:00 PM UTC
- Length16 min
- RatingClean