16-05-2013, 09:33 PM
[/quote]
Quote:Classic example is Oei made $7m in AIG shares buying near bottom and trumpeted the donation, whilst lost $1b in FX.This is also what we call "High RISK" investing but not necessary "High Reward". And Low Risk investing in the long run is not necessary Low Reward" Another words, "HIGH RISK, HIGH REWARD & LOW RISK LOW REWARD is not always true.
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.