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

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Ramjade
post May 6 2019, 12:01 AM

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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.
*
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.
Ramjade
post May 7 2019, 07:35 PM

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QUOTE(fairylord @ May 7 2019, 06:40 PM)
Thank you for all not hesitate to share the experience. It's really seldom reading about the adverse side of investment as none would like to share the failure.

So far, have not seen any unker aunty share about the 2008 and earlier recession, how to live over the doom days. May be we all here are majority investor (or new) of youngster generation which yet to experience those suffering moment from financial and investment perspective.

Always we heard some sifu suggest to average down and when you believe continue to hold, or save warchest and get ready to hoot during/after recession. I just don't understand how to hold up my believe when the price arrow are shooting down in a graph and my heart is keep pumping the blood all over the body while we unable to identify where is the bottom and start bounce back.

Are you able to hold?
Are you dare to hoot?
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How to know what to hold? Hold cash rich companies, companies which people still need to use during bad times or good unit trust.

Yes no problem holding.
Yes no problem hooting also as evidence in Dec 2018. When price of a stock drop by almost 30%* take a chance and hoot.
Not seating on 10%p.a dividend


This post has been edited by Ramjade: May 7 2019, 07:37 PM
Ramjade
post May 15 2019, 03:39 PM

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QUOTE(silverviolet @ May 13 2019, 08:00 PM)
Sure a lot Kena burnt. .stocks down down down
*
Depends on how you look it. This recent fall is neglible. Not even double digit drop.

 

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