Making Money ARCHIVE: I Did Everything Right...Then Lost Nearly £20,000!
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Dec 22, 2025 Amy bravely shares her journey of losing nearly £20,000 in investments. She reflects on her working-class upbringing and initial forays into investing. Experiencing the emotional rollercoaster of her portfolio's rise and fall during COVID, she reveals the regret that came from panic-selling. Turning to online communities for support, Amy discusses the dangers of influencer-driven investing and the impact of social reassurance on risk-taking. Ultimately, she advocates for a cautious, educated approach to rebuilding her financial strategy.
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Holiday Book Sparked Long-Term Investing
- Amy discovered compounding after reading a holiday book and started investing in a Fidelity ETF in 2005.
- She steadily increased monthly contributions and left the money to grow for 15 years.
Panic Sale During COVID Crash
- Amy watched her portfolio fall rapidly during the COVID crash and panicked as gains threatened to turn to losses.
- She sold to avoid seeing the balance go red and felt immediate relief followed by regret.
Community Replaced Real-Life Support
- Isolated during lockdown, Amy joined Meet Kevin's online community and paid for his course to reconnect and learn.
- The community gave comfort and short-term winning trades, which reinforced following influencer picks.