Article - BURNT BY STOCKS - I LOST $700,000 IN 3 MONTHS

Wood41

Supremacy Member
Joined
Jan 17, 2002
Messages
8,631
Reaction score
0
That sounds little for someone who invested since 1970s.
iJpQQnB.jpg


I didn't do anything
Made 40 % from fanngs
 

limster

Arch-Supremacy Member
Joined
Oct 31, 2000
Messages
11,419
Reaction score
2,431
That sounds little for someone who invested since 1970s.
iJpQQnB.jpg

They likely compared STI+dividend yield to property price index without taking into account rental yield of property, furthermore of course property investment is leveraged... who can invest in property without taking housing loan? ;)

I don't trust such 'quotes' without seeing the actual data.
 

Dyhalt

Senior Member
Joined
May 25, 2011
Messages
1,297
Reaction score
1
Its easy to get too carried away by the "average" data, the fact is there is only a small handful who made a lot higher than the average, and many many more who lose much of their invested income.
 

Wood41

Supremacy Member
Joined
Jan 17, 2002
Messages
8,631
Reaction score
0
Greedy one margin trade in stocks / multiple properties.
Everything burst during the financial crisis.

I have a relative in this & he got $demoted$ ;
big landed to condo to now stay in son’s flat .
 

Mr.Canberra

Supremacy Member
Joined
May 22, 2014
Messages
9,024
Reaction score
1,094
In general most retail investors may be able to make some money when the market is good. But if you talk about making serious money I believe very few and far between. :s13:
 

Wood41

Supremacy Member
Joined
Jan 17, 2002
Messages
8,631
Reaction score
0
Very few can be full time trading.
Full time job + trade for fun for most of us .

In general most retail investors may be able to make some money when the market is good. But if you talk about making serious money I believe very few and far between. :s13:
 

Kinetic88

Great Supremacy Member
Joined
Jun 15, 2007
Messages
65,180
Reaction score
5
In general most retail investors may be able to make some money when the market is good. But if you talk about making serious money I believe very few and far between. :s13:

moi broker kept telling moi to stop playing stocks as in his 50 yrs working as stock broker, never see any of his client make money from trading stocks and saw few of his clients went bankrupt and he had to bear the loses.

he say he don't mind lost the comms from moi trade. :s22:
 

ExtremeWays

Banned
Joined
Mar 17, 2017
Messages
7,401
Reaction score
0
Very few can be full time trading.
Full time job + trade for fun for most of us .

等下Soros叔叔骂你

"If investing is entertaining, if you're having fun , you're probably not making any money. Good investing is boring."
 

[M]aiev

Arch-Supremacy Member
Joined
Jan 26, 2008
Messages
11,522
Reaction score
76
If dabbling on the market is just for fun, then one is prob not making money.

I treat it as running a business.

Very few can be full time trading.
Full time job + trade for fun for most of us .
 

Wood41

Supremacy Member
Joined
Jan 17, 2002
Messages
8,631
Reaction score
0
Aiyo !
Fun = making $$
Making $$ = fun

So serious meh as a business ha ?

:o :o

[M said:
aiev;112101127]If dabbling on the market is just for fun, then one is prob not making money.
I treat it as running a business.
 

Mr.Canberra

Supremacy Member
Joined
May 22, 2014
Messages
9,024
Reaction score
1,094
moi broker kept telling moi to stop playing stocks as in his 50 yrs working as stock broker, never see any of his client make money from trading stocks and saw few of his clients went bankrupt and he had to bear the loses.

he say he don't mind lost the comms from moi trade. :s22:

Hahaha your broker is very honest and treat you as a true friend. :s13:
 

[M]aiev

Arch-Supremacy Member
Joined
Jan 26, 2008
Messages
11,522
Reaction score
76
Aiyo !
Fun = making $$
Making $$ = fun

So serious meh as a business ha ?

:o :o

u as well go casino or bai lottery, that one is the real fun of making money. My purpose is to make the money by using the money and use that profit to make the money by taking risk as a business perspective nia
 

ExtremeWays

Banned
Joined
Mar 17, 2017
Messages
7,401
Reaction score
0
u as well go casino or bai lottery, that one is the real fun of making money. My purpose is to make the money by using the money and use that profit to make the money by taking risk as a business perspective nia

Can start company boh? Asset management company...
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top