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

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David_77
post May 9 2019, 06:03 PM

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QUOTE(alexkos @ May 9 2019, 05:34 PM)
The aunty uncle keep told me if they only bought public bank in 1997....but got another bank bankrupt that time... What name d?
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MBF finance or something?
flight
post May 9 2019, 06:09 PM

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QUOTE(David_77 @ May 9 2019, 06:02 PM)
It’s a public listed company? No clear but you said you recover your principal righty? Even though the company is still working out their issue.
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Notion vtec. Started buying at 70+ cents. Avged down until 45 cents, avg price about 50 to 60 cents Bought millions of warrants. My name was in the top 3 holders of warrants in dunno which year. 18 cents avg price. Sold out at around 6 cents. In total lost about 50% of my port. I sold it 3 months before the warrants went up five fold and the mothershare went up to rm1.3. After holding it for 3 years. I bought another company that went up almost 10x. Made back all my money.


QUOTE(David_77 @ May 9 2019, 06:03 PM)
MBF finance or something?
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Those talking about public bank in 1997. Today there r similar banks trading at what public bank was trading at 20 years ago. They r in greece. The whole greek banking syatem market cap is less than hong leong bank.
alexkos
post May 9 2019, 06:12 PM

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QUOTE(David_77 @ May 9 2019, 06:03 PM)
MBF finance or something?
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Hehe... If buy mbf.. Kaput 100%
David_77
post May 9 2019, 06:33 PM

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QUOTE(flight @ May 9 2019, 06:09 PM)
Notion vtec. Started buying at 70+ cents. Avged down until 45 cents, avg price about 50 to 60 cents Bought millions of warrants. My name was in the top 3 holders of warrants in dunno which year. 18 cents avg price. Sold out at around 6 cents. In total lost about 50% of my port. I sold it 3 months before the warrants went up five fold and the mothershare went up to rm1.3. After holding it for 3 years. I bought another company that went up almost 10x. Made back all my money.
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Cool! Regardless from which counter, the most important is you got back your capital and more 👍
David_77
post May 9 2019, 06:33 PM

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QUOTE(alexkos @ May 9 2019, 06:12 PM)
Hehe... If buy mbf.. Kaput 100%
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Those were bad time for lots of uncles and aunties.
icemanfx
post May 10 2019, 01:29 AM

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QUOTE(David_77 @ May 9 2019, 06:33 PM)
Those were bad time for lots of uncles and aunties.
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What is your burnt story? Property investment?
David_77
post May 10 2019, 07:56 AM

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QUOTE(icemanfx @ May 10 2019, 01:29 AM)
What is your burnt story? Property investment?
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You know, money game/fx/options scammers like an Aunty banyak jahat hati.

She derives pleasure from others’s pains. Worst, she thinks of how to scam them. Really bad this Aunty.
icemanfx
post May 10 2019, 08:13 AM

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QUOTE(David_77 @ May 10 2019, 07:56 AM)
You know, money game/fx/options scammers like an Aunty banyak jahat hati.

She derives pleasure from others’s pains. Worst, she thinks of how to scam them. Really bad this Aunty.
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BBB/uuu mentality is like mlm guru, tell glory story, pretend to be successful to attract novice to enter the market to buy overpriced property. It is no wonder karma is back to bite BBB/uuu.
David_77
post May 10 2019, 08:26 AM

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QUOTE(icemanfx @ May 10 2019, 08:13 AM)
BBB/uuu mentality is like mlm guru, tell glory story, pretend to be successful to attract novice to enter the market to buy overpriced property. It is no wonder karma is back to bite BBB/uuu.
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You know, I like to tell a little bit of story. Now, mind you, it’s from research mainly, also a bit experience lah.

One aunty, behaving like chicken little, kept crying ‘the sky is falling, the sky is falling’

Then one day, to everyone’s surprise, she managed to convince herself of her lies, so sell cepat-cepat.

For the next few years, prices kept going up, meletup lagi for some years and now plateau. She gets desperate, kicked herself for missing out on the increase. But salut to her, she keeps on ‘the sky is falling, the sky is faling’

So she came up with a plan. Why not scam people? Since people are greedy, let promote money game/fx/options. Let’s transfer those money to her pocket.

Tada! She has two weapons now... ‘the sky is falling’ and money game.

You’ll see her lurking around the forum. So don’t be alarm.

Sekian terima kasih.
icemanfx
post May 10 2019, 08:30 AM

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QUOTE(David_77 @ May 10 2019, 08:26 AM)
You know, I like to tell a little bit of story. Now, mind you, it’s from research mainly, also a bit experience lah.

One aunty, behaving like chicken little, kept crying ‘the sky is falling, the sky is falling’

Then one day, to everyone’s surprise, she managed to convince herself of her lies, so sell cepat-cepat.

For the next few years, prices kept going up, meletup lagi for some years and now plateau. She gets desperate, kicked herself for missing out on the increase. But salut to her, she keeps on ‘the sky is falling, the sky is faling’ 

So she came up with a plan. Why not scam people? Since people are greedy, let promote money game/fx/options. Let’s transfer those money to her pocket.

Tada! She has two weapons now... ‘the sky is falling’ and money game.

You’ll see her lurking around the forum. So don’t be alarm.

Sekian terima kasih.
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To BBB/uuu, property overhang is fake news. In denial, hope to attract novice to buy overpriced property.

David_77
post May 10 2019, 08:35 AM

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QUOTE(icemanfx @ May 10 2019, 08:30 AM)
To BBB/uuu, property overhang is fake news. In denial, hope to attract novice to buy overpriced property.
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I don’t know lah. Someoneof your intellects (I think) would think that Aunty is pretty stupid, no because she sold off early but beating her self over it.

Also evil to try and promote scam like money game or leverage investment like options. 🤷‍♂️


bourse
post May 10 2019, 09:02 AM

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QUOTE(Ramjade @ May 6 2019, 12:01 AM)
1/ maybank silver account
- learnt that not wise to buy gold and silver from banks as spread too large.

2/ foreign FD with Malaysia bank
-learnt that banks always win in terms of exchange rate.

3/ amanah saham variable price
- learnt that best to keep cost low, avoid agents. 5% commision cut is hefty.
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1/ maybank silver account
- feel the same here. hard to earn.

2/ foreign FD with Malaysia bank
-initially wanted to open forex account and lastly tak jadi.

3/ amanah saham variable price
- invest in UT, just losing the opportunity cost after 5 years of keeping it. Even no gain no loss, i still feel like better put into FD.
icemanfx
post May 10 2019, 09:17 AM

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QUOTE(David_77 @ May 10 2019, 08:35 AM)
I don’t know lah. Someoneof your intellects (I think) would think that Aunty is pretty stupid, no because she sold off early but beating her self over it.

Also evil to try and promote scam like money game or leverage investment like options. 🤷‍♂️
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Smartest investors could always time the market and sell at the highest price.
aspartame
post May 10 2019, 09:18 AM

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QUOTE(David_77 @ May 10 2019, 08:26 AM)
You know, I like to tell a little bit of story. Now, mind you, it’s from research mainly, also a bit experience lah.

One aunty, behaving like chicken little, kept crying ‘the sky is falling, the sky is falling’

Then one day, to everyone’s surprise, she managed to convince herself of her lies, so sell cepat-cepat.

For the next few years, prices kept going up, meletup lagi for some years and now plateau. She gets desperate, kicked herself for missing out on the increase. But salut to her, she keeps on ‘the sky is falling, the sky is faling’ 

So she came up with a plan. Why not scam people? Since people are greedy, let promote money game/fx/options. Let’s transfer those money to her pocket.

Tada! She has two weapons now... ‘the sky is falling’ and money game.

You’ll see her lurking around the forum. So don’t be alarm.

Sekian terima kasih.
*
Lol.. u just summed up auntie’s modus operandi...I say now auntie has propephobia...
David_77
post May 10 2019, 09:41 AM

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QUOTE(icemanfx @ May 10 2019, 09:17 AM)
Smartest investors could always time the market and sell at the highest price.
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con-woman always says "there are better investment" "hint-hint, i have the secrect".

money game/fx/options like that aunty also smart. evil but smart. oh, she starting to use religion to back her claim too.
David_77
post May 10 2019, 09:46 AM

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QUOTE(aspartame @ May 10 2019, 09:18 AM)
Lol.. u just summed up auntie’s modus operandi...I say now auntie has propephobia...
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lol! that aunty, million million posts, sama sama stuff. bitter cos missed out on the home run, bitter cos find herself stupid to sell early. evil cos promote money game/fx/options through leverage.

but i no say it's our aunty hor. it's for those terasa.
icemanfx
post May 10 2019, 10:16 AM

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QUOTE(aspartame @ May 10 2019, 09:18 AM)
Lol.. u just summed up auntie’s modus operandi...I say now auntie has propephobia...
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many die hard/obsessesed property investors are addicted to high leverage like compulsive gambler without realizing it.

This post has been edited by icemanfx: May 10 2019, 10:29 AM
[Ancient]-XinG-
post May 10 2019, 10:20 AM

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QUOTE(David_77 @ May 10 2019, 09:46 AM)
lol! that aunty, million million posts, sama sama stuff. bitter cos missed out on the home run, bitter cos find herself stupid to sell early. evil cos promote money game/fx/options through leverage.

but i no say it's our aunty hor. it's for those terasa.
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Damn I been here quite sometime yet I still don't k ow who is this lol
TSfairylord
post May 10 2019, 07:06 PM

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QUOTE(alexkos @ May 9 2019, 05:24 PM)
Lesson learned

1. Markiel fooled by randomness
2.  Bogleheads indexing
3. Efficient market hypothesis masuk tong sampah.

Why? Coz when crash, your ahpa ahma also can't recognize you. No need talk growth value momentum investing, TA, bla bla bla.

Worst if you signed up for margin.
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Your word of "Bogleheads" led me to this thread opening.

Bro, anyone else.. If you wish to read more about failure in investment :
https://www.bogleheads.org/forum/viewtopic.php?t=25126

alexkos
post May 10 2019, 08:20 PM

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QUOTE(fairylord @ May 10 2019, 07:06 PM)
Your word of "Bogleheads" led me to this thread opening.

Bro, anyone else.. If you wish to read more about failure in investment :
https://www.bogleheads.org/forum/viewtopic.php?t=25126
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Hehe... Malaysian dunno bogel head yet... Wait botak and lost all money only wake up =P

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