Where I lost money in 2021. TAL Things have been even worse w | Investor Writer
Where I lost money in 2021. TAL
Things have been even worse with buying individual Chinese stocks. As an example, I recall with shudder the shares of TAL Education Group.
This company offered educational and tutoring services. When the price of TAL stock dropped from $90 to $80in February, I decided to take advantage of the correction and invested a large sum in these securities.
The fall went on, and I believed the best and averaged out. But China began to regulate the education services industry, and everything fell apart. Now a share of TAL is worth $3.8 to $4.
A cautionary tale that ended in a crushing margin call.
The blog of a writer who achieves financial freedom through investment. He makes the money work so that he himself doesn't have to work for hire, but instead gets into creative writing. Writer-investo...
