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08-05-2012, 08:35 PM
(This post was last modified: 08-05-2012, 09:43 PM by Temperament.)
Not really. Remember i told you i had chickened out from buying NOL @ about $1 or less in 2008/2009. Due to switching to dividend income investing. Not a daring younger man anymore. i am now an old man therefore don't have human capital to take on the riskier investments. i think you will do the same when you have reached my age.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.