May 7 2019, 08:41 PM
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?
You see from the stock/shares part of view. There are other types of investment which if hoot correctly and hold, have low risk (if you know your investment well). 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?
Of course, common scenario almost if not all investor will lose or make wrong decision throughout the journey, but if one has the proper knowledge, the wins are always more than the lose and the lose generally is insignificant amount if compare to the wins.
So if one made a good choice at the present time, but suffer loses in the future due to circumstances say market downturn, rather than term it is as "burnt", we would say its a loss of money in investment.
If use the term "burnt" meaning one have no proper knowledge and sebarang hentam making poor choices and occur losses. Hence the term burnt.
Siu dai talk kok only.
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