I invested in a company called HEXAGON because people are saying this company got robert kuok inside to help.

Although investment is bit big, around few K because already pn17 that time.

But that white knight didnt happen. Hexagon delisted and gone.

Same as trasmile case.

Never invest becuz thinking got prominent investor inside and will rescue it

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.

lost more than 10k because trusted my remisier to make the right speculative call

lesson learnt: DYOD

Made some losses investing in stocks and lessons learnt. I think due to the following reasons:

1. 'Does not really understand' what and why I am actually buying. Some are from tips, analyst recommendations etc. They will only tell you when to buy, wont tell you when to exit.
2. Does not have the time to monitor closely, and also the knowledge to reach a decision. Some people will said everyday just spend a few minutes look at the price, but you also have to know what each price level means, otherwise it is just numbers to you.
3. Most important. Did not set exit target (take profit and cut loss). Ended up just buy and don't know when to sell.
4. Since doesn't have a clear objective, I guess it also doesn't help in mitigating the emotional up and down looking at the stock price movement. Ended up making decisions based on gut feelings.
So after these lessons, I realized I'm not suitable to invest in stock market. So I go for unit trusts, but i guess this one is a story for another day as this thread is about getting burnt in investment.

My money was burnt in buying shares. The current situation in bursa Malaysia is not recommended to buy shares now. I was lost 30~40% from my total investment in market shares. Now what only I can do is hold for it up to 20~30 years.

Fortunately, I am still young. I can save money to invest in others safer investment such like asb and asb2. My trading account now left untouched, the money is still there. I'm still holding some shares of 3 companies but all 3 shares are losing money. So I not really care about it, although I'm losing 5 digits amount. Few years ago, I was starting to build up another investment in ASB and ASB2. So hopefully I will save up more money in the next few years. My target is 6 digits in next 10 years and 7 digits in next 30 years.

Those were bad time for lots of uncles and aunties.

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.

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.

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. 🤷‍♂️

Lol.. u just summed up auntie’s modus operandi...I say now auntie has propephobia...

If you meant the 2008 crisis, it was a scary roller coaster ride. I remembered the biggest fall in the KLSE and it came the day after everyone returned from Deepavali holidays. A few days early DJIA had just slumped. So we had Deepavali to enjoy and prepare for the bloodshed that came next. But once that was over, and if you had cash leftover, it was a buying spree.

And if you bought right and traded smart, you would have made a bunch of cash...The risk was the market would tank, but once it went up, and investor confidence grew, it was time to buy.

Public Bank was RM8 or something....That was the 1st stock I bought after the crash...and still hold. I don't think I can get that price again.
And there were a few times I went in for like 200,000 of a RM0.20 company and only to sell it at RM0.22, netting RM4,000 in a trade. Do this a few times over a few companies and then you get the stock market to pay for your honeymoon, house renovation and much more...
Oh...And I joined LowYat Forum in May 2008

Hi cherroy, may I have your opinion for the following:-

I've some capital, say RM500K which is allocated for fixed deposit/saving. I'm currently putting them in my Maybank Private Banking a/c with annual interest of 2.3% (most updated one), computed on a daily basis. The another option would be putting them in FD, for 1-month tenure, FD rate about 2.95% in Maybank. However, I will use the funds to apply for IPO (new shares) whenever there's. Keeping them in private banking a/c allowing me to enjoy the daily interest without any tenure like the FD. If I were to put them in FD, I might need to withdraw to apply for the IPO, before the FD matures (interest will be forfeited).

And I was also thinking, since I've allocate this portion as my saving/FD, should I just keep them in FD and keep them untouched? As I've already allocated a portion to equities (in my brokerage a/c).

Appreciate your views! Thanks!

Sure a lot Kena burnt. .stocks down down down

Everyone makes mistakes. That's why kena burn in investment and a lot of us have made those mistakes.
But the most important are the lessons you take away from those mistakes and whether you learn from them.
Bonds, equities, mutual funds, business venture, gold accounts, bitcoins etc. etc. all are opportunities. We just need to learn to separate the bad and the good and invest within our means and our risk profiles.

Got burned when first learn to invest in local stock back in 2005.  Lesson learned, never trust the analyst target price.  You are almost certain to lose money from it.  Its totally unreliable.

Now become wiser, study and make my own decision.  Overall investment is making money.

For me no difference to cut loss, damage ia done . Just gamble to wait turnaround, u set your new TP and please be realistic. Hopefully recent oil related matter in middle east can push a bit the share price.

if analysts so good, they would be millionaires already. Why do they still work as analysts?
how high are we talking about? I should prepare then ....

and they still work at the same position, creating brokers' report?

Multi millionaires don't have other better things to do but to analyse stocks for commoners, so that everyone gets rich? 

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"

I’m looking for risk taker, for 3-10% return a month.

Forex is a scam. But money is good is on right entry exit side.