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 The reality of bursa

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ZeroSOFInfinity
post Jan 8 2021, 02:11 PM

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QUOTE(hioniq @ Jan 8 2021, 02:04 PM)
All think it is no brain to put fd as it is only 1% and bursa can easily pay you min 4% or 100% above.

But the reality is below where you must be prepared to be suffering the loss on your principal

user posted image
user posted image

Translation:
Hi host, innocent me never play stock before, during pandemic my income is unstable, hence I joined the trend to play stock, forking out all my savings from many years but due to my ignorance I lost.

Looking at the share pice keep on plunging I continue averaging down, in the end I got all stuck, now I running out of capital, the life is already miserable and now it is even worse, can I please seek advice from host to shed some light? Should I just cut loss and leave or continue hold?

Hope all sifu here can also teach me, now all I hope is just to get back my capital, amitabha. I am the sole income for the house, I can't fall else we all doom, maybe here just not suit me, thank you
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Those counters............... only Genting ones can get back in short term. The others, slowly wait ya......

ZeroSOFInfinity
post Jan 8 2021, 02:24 PM

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QUOTE(sembilan @ Jan 8 2021, 02:16 PM)
his problem is, he play, not invest.
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One thing I learned when playing stocks - you only buy them with your spare money for long term investments, especially (safe) blue chips. Once you earned dividends equaling the amount of stocks you purchased then only sell.

Else, you might as well go up Genting with all your life savings, put either red or black on roulette table and start praying.
ZeroSOFInfinity
post Jan 8 2021, 02:33 PM

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BTW, a tip.... buy Genting now. Keep till Feb. You'll thank me later.
ZeroSOFInfinity
post Jan 8 2021, 03:07 PM

Look at all my stars!!
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Joined: Oct 2005


QUOTE(lopo90 @ Jan 8 2021, 02:37 PM)
I know why. Cause they will be in Holland enjoying the cool weather, right? Right ? brows.gif
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QUOTE(knumskul @ Jan 8 2021, 02:40 PM)
Well personal financing fail. That's why they lose money. The number in bank account is 100% for investment, don't realise some investment can just go bust especially when they're beginner without knowledge nor experience.

Want "play", set a limit on "play" money and have some reserves for important life commitments.
Share info lai.
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Upcoming project announcement + CNY around the corner + Special Dividend. You do the math.

QUOTE(Vincy8925 @ Jan 8 2021, 02:42 PM)
Why would you buy Genting when MCO the accnouncement is being implemented around the corner?  hmm.gif
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MCO very unlikely. Clue: Golf. Awana. VVVVVVVIP.

QUOTE(ry8128 @ Jan 8 2021, 02:45 PM)
Why didnt recommend this in stock trading thread?
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I quit stock already. Just share info here whistling.gif

 

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