QUOTE(yklooi @ Nov 12 2014, 01:26 PM)
"The most important advice I would give to anyone who hasn't started (be it man or woman) and is being held back is to starting investing now, but use a small amount. Something you are comfortable with even if you suffer losses. It can be as little as one thousand dollars because that is usually all you need to start investing into a unit trust. Then, as you invest, you will see how markets and such affect your returns and you will be able to learn from your experiences without suffering too much heartache compared to if you placed your entire life savings into the market and lose half of it in a market crash. The key thing is you have to accumulate investing experience. No amount of prior reading up and accumulating of knowledge can compare with actual investing experience which can only be built up by using your own money to invest. You have to experience the emotional pull that comes from market ups and downs and learn how to handle your emotions during those times. And learning from mistakes made is the greatest teacher".

Agree with you, gotta gain the experience to control emotion especially when market up & down. As newbie in this UT, I was frightened by the down trend few weeks back. Then I sold off CIMB Principal Global Titan fund but kept KGF (Somehow has faith with Msia market Been reading this thread on and off but never reply.
Nov 12 2014, 10:43 PM

Quote
0.0524sec
0.51
7 queries
GZIP Disabled