Sep 5 2024, 10:04 AM
QUOTE(arabella @ Jul 26 2024, 05:06 PM)
I am not into stocks, plain FDs and EPF, that’s me.
But a few of my friends have been in a group Whatsapp called BOCI club. Has anyone heard of them? My friends said it is only for getting stock picking advice and they’ve been making money. But why would anyone give advice to others when they could use the advice to make money for themselves?
I hope it’s not a prelude to something more serious. My friends only have a small limited amount to risk.
If you said not good, then your friend see those group earn money, he might blame you secretly. But a few of my friends have been in a group Whatsapp called BOCI club. Has anyone heard of them? My friends said it is only for getting stock picking advice and they’ve been making money. But why would anyone give advice to others when they could use the advice to make money for themselves?
I hope it’s not a prelude to something more serious. My friends only have a small limited amount to risk.
If it is my normal friend, my best advice is try some small amount they dont mind losing.
I still remember Cathie Wood's ARRK. That time she was like the best. Even unit trust in Malaysia here also try to copy her portfolio. See where is it today.
Now making money doesnt mean forever making money.
FYI, I also plain FDs guy 4 years ago. When I started go into stock, I got burned by just 1 stock (blindly follow advice, hoping it will double even triple, not GME).
Fast forward today, I just manage to covered back the lost this year. That is if I sell all my ETF and stock.
Now 95% of my investment are top US company, unless some scandal etc, their price will always be there.
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