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Investment Anyone kena burnt in investment?, Experience and your lesson learnt

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budang
post Sep 23 2019, 12:04 PM

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QUOTE(moosset @ Sep 21 2019, 03:34 PM)
I'm still holding Sapura. Fc*k! What should I do with it?? I think it's about 25k loss now!!

IIRC, I think I average down ....

Lesson: don't trust crony companies blindly ....
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I'm on the same boat as you bro. But maybe about half your loss.

That a$$hole CEO is still raking in millions of salary despite the company bleed like hell.

Haih no light at the end of tunnel but it's a lesson learnt.
frostfrench
post Sep 23 2019, 04:28 PM

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Before the last Malaysia general election, was happy holding construction related company shares.
After general election, all construction on hold, so my portfolio gone red red red, still not yet fully recover lor
johnnyzai89
post Sep 23 2019, 08:43 PM

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QUOTE(frostfrench @ Sep 23 2019, 05:28 PM)
Before the last Malaysia general election, was happy holding construction related company shares.
After general election, all construction on hold, so my portfolio gone red red red, still not yet fully recover lor
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wait for next budget lo
moosset
post Sep 23 2019, 09:00 PM

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QUOTE(frostfrench @ Sep 23 2019, 04:28 PM)
Before the last Malaysia general election, was happy holding construction related company shares.
After general election, all construction on hold, so my portfolio gone red red red, still not yet fully recover lor
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constructions? like Gkent?
frostfrench
post Sep 25 2019, 03:42 PM

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QUOTE(moosset @ Sep 23 2019, 09:00 PM)
constructions? like Gkent?
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yes, I still holding Gkent cry.gif
moosset
post Sep 25 2019, 06:14 PM

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QUOTE(frostfrench @ Sep 25 2019, 03:42 PM)
yes, I still holding Gkent  cry.gif
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my friend got lucky. He actually talked to me straight after PH won the election. I was like, maybe it's time to sell, so he sold it.
ah_suknat
post Sep 26 2019, 08:14 AM

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QUOTE(Jordy @ May 6 2019, 02:53 AM)
user posted image

I invested in this stock back in 2010 just after it went public at the A-region and kept averaging downwards due to my believe that investment in Education is one of the best, and then I finally sold it off between the C- and D-region after realising that this company is going into a sh*thole.

Lesson learnt - never get involved with companies closely tied with Government policy. Any slight change in Government policy could mean the end of the company.

The same can be said with the situation of TM is in right now. See chart below.

user posted image
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Score A?
Hasuu P
post Sep 26 2019, 01:00 PM

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QUOTE(frostfrench @ Sep 25 2019, 03:42 PM)
yes, I still holding Gkent  cry.gif
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Haha, well better than Ekovest for now. Had to cut-loss on it.
Jordy
post Sep 26 2019, 03:13 PM

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QUOTE(ah_suknat @ Sep 26 2019, 08:14 AM)
Score A?
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Masterskill (MEGB).
Dratini
post Oct 11 2019, 11:57 AM

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QUOTE(MUM @ Sep 21 2019, 04:03 PM)
that rule of thump cannot be applied to "any investment".....
ex,....this investment...stock investment.
sell 0.10 higher than buying price,....
buyer bought and sell again at 0.10 higher and repeat...who is the one losing>....
thus "your gain is someone else loss" is not applicable to "ALL"
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Umm.. there's a loophole in your logic, the buyer buys and sells 0.1 higher, and repeat.
But when the buyer sells 0.1 higher, and the next buyer who bought with +0.1, he/she is already losing money if the stock doesn't worth that price.

Since resources is not unlimited/infinity, and money doesn't get created from thin air, when someone is making money, someone else is definitely losing money.
It might not show if the buyer are in between buying and selling while the price goes up, but soon, people gonna deem the price is not worth the company's stock, hence, the bubble.
icemanfx
post Oct 11 2019, 12:39 PM

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QUOTE(MUM @ Sep 21 2019, 04:03 PM)
that rule of thump cannot be applied to "any investment".....
ex,....this investment...stock investment.
sell 0.10 higher than buying price,....
buyer bought and sell again at 0.10 higher and repeat...who is the one losing>....
thus "your gain is someone else loss" is not applicable to "ALL"
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This is how bubble is formed. the price will cease to rise and even crash when there is not enough buyers willing to buy at latest highest price e.g gold, btc.

This post has been edited by icemanfx: Oct 11 2019, 12:39 PM
hft
post Oct 11 2019, 12:42 PM

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QUOTE(fairylord @ May 5 2019, 10:19 PM)
Anyone veteran unker auntie experienced kaokao lost in investment before?

How you deal with it emotionally?
How you live after the lost?
How the lost change your lifestyle and mind in term of financial?

Your experience is youngster lesson, if you don't mind to share.
NOTE : Serious thread, no kopitiam (at least don't get transferred), no fighting.
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If gambling, need to do it right way. And every investment is essentially a gambling. Success not guranteed.
hft
post Oct 11 2019, 12:45 PM

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QUOTE(moosset @ Sep 22 2019, 08:33 AM)
more than 90%!!  cry.gif
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If you willing to take this much risk, better join me gambling elsewhere for steady return. We shall split the revenues between fund owner & trade manager.
hft
post Oct 11 2019, 12:47 PM

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QUOTE(solstice818 @ May 9 2019, 10:15 AM)
The biggest lesson I have learnt from investing is know when to cut the losses. Always save your bullet for another day.
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I’m looking for risk taker, for 3-10% return a month.
RigerZ
post Oct 11 2019, 05:30 PM

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Most of the burns here are from stocks/shares..... Any burn from unit trust?
ahwai
post Oct 11 2019, 07:36 PM

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10k paper loss from unit trust after holding > 5 years
SUSMNet
post Oct 11 2019, 08:52 PM

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Which UT u hold?
icemanfx
post Oct 11 2019, 11:29 PM

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QUOTE(hft @ Oct 11 2019, 12:47 PM)
I’m looking for risk taker, for 3-10% return a month.
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Only possible in money game, scam and ponzi scheme.

genesic
post Oct 12 2019, 03:38 AM

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QUOTE(ahwai @ Oct 11 2019, 08:36 PM)
10k paper loss from unit trust after holding > 5 years
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did you perform DCA technique, or just one lump sum 10 years ago?
10 years is a long period..the UT should have recovered eventually

This post has been edited by genesic: Oct 12 2019, 03:42 AM
hft
post Oct 12 2019, 01:00 PM

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QUOTE(icemanfx @ Oct 11 2019, 11:29 PM)
Only possible in money game, scam and ponzi scheme.
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Forex is a scam. But money is good is on right entry exit side.

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