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20-07-2012, 01:51 AM
(This post was last modified: 20-07-2012, 01:57 AM by Temperament.)
(20-07-2012, 01:05 AM)momoeagle Wrote: I avoided the CLOB saga and all the bears!
** I started investing only at end 2008 **
Ha! Ha!
Congratulation! i was exactly the same like you when i first started to invest. ; i avoided all the bears too and even the CLOB saga; (because somehow i only invested in Singapore shares. Until today i only have Singapore and a little US shares.
NB:
i started to invest in 1987 after the "Black Monday". So don't you think i can say similarly or in fact exactly like you: " I avoided the CLOB saga and all the bears!", at that time? Ha! Ha! The CLOB saga was special for me because i only invested in SGX. (Thank God).
But i predict, no i guarantee you will be snared by the Big Bad Bear one fine day. It's a matter of time if you are always in the market somehow. Someone tell me once you are in the market for long-term investment, it's very hard to come out of the market completely. i find out it is quite true. Maybe you are different. You can know how and when to come out of the market completely.
But i don't think so.
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.