QUOTE(David83 @ Jul 25 2012, 11:21 PM)
If you're keep on losing money in a particular shares, you still want to hold it? I believe there's must be a stop loss point.
Share a bad experience that I had with shares. I bought a penny stock at nearly peak price 2 to 3 year. Being hold it till recent months when the price rebounced back to the previous peak in 3 years ago. Sold it and make a profit of nearly 50 to 60. Am I stupid or what?
You weren't stupid, just lucky
and as always it's the dollar amount, not the percentage that counts. You can make 60% on a Rm100 investment, but it's still only Rm60. If you make 1% on a 1mil investment, it's Rm10,000
so do you want to make 60% or 1%?
Added on August 4, 2012, 11:58 am
QUOTE(Pink Spider @ Aug 3 2012, 04:59 PM)
I only drink at kedai kopi with old apeks
I only drink at home, nothing beats making your own coffee. You can make it how you want, and drink it how and where you want, you can be wearing shorts and no shirt, and when you are finished you don't have to get up and go anywhere
All that, and it's actually cheaper
Added on August 5, 2012, 3:53 pm
QUOTE(Pink Spider @ Aug 4 2012, 11:49 AM)
1st - Hwang Global Propety Fund
- fully switched out to Hwang SIF when US subprime collapse
2nd - Hwang Global Financial Institutions Fund
- at one point I was down -20%++
- held on cos selling before maturity on 2013 will incur withdrawal fees
- now +6%
3rd - Hwang Select Income Fund
- annualised return since 2008: 8%
Are those figures ex-service charge? or net service charge?This post has been edited by wodenus: Aug 5 2012, 03:53 PM