I have been active in investing since 2006 or 2007 when I changed health insurance company with the help of my mum. The insurance person said that I should start investing in funds in order to accumulate wealth for the future. To a young student, the thought seemed far-fetched because as a 16-year-old I had better plans for the money. Somehow, I still started investing. We all know what happened in 2008, but I continued investing through the crisis every month, €50 at a time. When the crisis was over, I saw some green colour in my web bank portfolio, and I was hooked.
During the last two weeks, I have lost about 35% of the value of my stock portfolio. Around 30% has also vanished from my startup investments. Legendary investor Warren Buffet said his main investment rule was: “Don’t lose capital”. According to that, I have failed heavily. Although I am a big fan of Mr Buffet, I don’t see the current situation too dramatically.
Join us on a virtual tour
around three loan projects funded on the EstateGuru platform which are
currently under construction. Despite the turbulent times shaking the world,
it’s more or less work as usual for these entrepreneurs. As you’ll see, there’s
lots of activity on these sites – both inside and outside. Many of the projects
are already in the final stages, with interior finishing works progressing
fast. Our aim was to determine how they see their business plans evolving in
light of the current changes in the economy.
Life has patterns and it’s enormously important to find yours. Everything will fall into place once you do. My mission in life over the last six years has been to help entrepreneurs who own small and medium-sized companies to realize their plans and allow people to gain financial freedom by investing in property-backed loans.
We at EstateGuru, like everyone else in the world right now, are closely following the extreme measures our governments are taking to protect their economies. There’s no doubt that life on the planet will change and we will do our best to ensure that it changes for the better.