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Anyone ever suffer big loss and kenna burnt from investment b4?

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Old 18-05-2018, 09:35 AM   #1
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Question Anyone ever suffer big loss and kenna burnt from investment b4?

How do you guy cope with it? after the loss, how do u manage your finance?

Do you guys live more frugally to recoup the loss?

How do you deal with it emotionally?
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Old 18-05-2018, 09:46 AM   #2
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Invest with spare $$.
Life goes on & continue with investments ( stocks & bonds ) .
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Old 18-05-2018, 09:51 AM   #3
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I lost 75 k sgd in total in Noble.
Now getting happier everyday
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Old 18-05-2018, 09:51 AM   #4
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Sometimes if really suay, don't even have opportunity to cut loss... simply lost entire capital when Lehman Brother collapsed.

Can't sleep and smoked continuously for 2 days...

But appeal to MAS also no use since I was accredited as AI (don't even know what it mean at that time).

Anyway life have to go on so just bite the bullet and work harder to make more $$..
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Old 18-05-2018, 09:59 AM   #5
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So why invest when the main point is to make money?

Isn't the large capital loss amounts to worse than any interest gain in future?

As in why people still invest with uncertainty just to gain like 4 to 8 percent and its non guaranteed.
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Old 18-05-2018, 10:10 AM   #6
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Just take it easy lor...

Nothing can be done...

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Old 18-05-2018, 10:13 AM   #7
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So why invest when the main point is to make money?

Isn't the large capital loss amounts to worse than any interest gain in future?

As in why people still invest with uncertainty just to gain like 4 to 8 percent and its non guaranteed.
Guess all your assets are in FD ($70K per bank) / SSB ($100K) / SGS Bonds / CPF? What do you do with other cash, biscuit tin under the bed?
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Old 18-05-2018, 10:14 AM   #8
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So why invest when the main point is to make money?

Isn't the large capital loss amounts to worse than any interest gain in future?

As in why people still invest with uncertainty just to gain like 4 to 8 percent and its non guaranteed.
Bcos 4 to 8% is better than 1 to 2%. Compounding over 30 years, the difference is huge

And for investments that have a return of 4-8%. It is unlikely to have large capital lost over the Long term if u diversify
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Old 18-05-2018, 10:26 AM   #9
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Sometimes if really suay, don't even have opportunity to cut loss... simply lost entire capital when Lehman Brother collapsed.

Can't sleep and smoked continuously for 2 days...

But appeal to MAS also no use since I was accredited as AI (don't even know what it mean at that time).

Anyway life have to go on so just bite the bullet and work harder to make more $$..
Will u guy start to blame yourself and start to beat urself up?
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Old 18-05-2018, 10:47 AM   #10
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You should live frugally always, not only after a huge loss. Get your attitude right.

How do you guy cope with it? after the loss, how do u manage your finance?

Do you guys live more frugally to recoup the loss?

How do you deal with it emotionally?
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Old 18-05-2018, 10:51 AM   #11
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Guess all your assets are in FD ($70K per bank) / SSB ($100K) / SGS Bonds / CPF? What do you do with other cash, biscuit tin under the bed?
Property la.. business etc. Only idiots put biscuit tin.
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Old 18-05-2018, 11:40 AM   #12
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Will u guy start to blame yourself and start to beat urself up?
No leh. A few days is bad enough already...

Although my loss is at the low 6 figures but reckon that "as long as mountain is there, always have wood to burn"

Stay healthy and strive harder to make more money no need to be too hard on yourself
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Old 18-05-2018, 11:41 AM   #13
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Property la.. business etc. Only idiots put biscuit tin.
I like these type of great investment ideas... "Business la"...
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Old 18-05-2018, 12:18 PM   #14
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I like these type of great investment ideas... "Business la"...
Ya lo. Better than losing money.
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Old 18-05-2018, 12:32 PM   #15
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Ya lo. Better than losing money.
Business also not guarantee will make money.
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