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 Investment advice club

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gashout
post Jul 29 2024, 07:32 AM

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problem with advice from others is everyone is shilling their own investment approach

some do well in forex, they promote that
some do well in o&g stocks, they promote that
some do well in goreng stocks, they promote that,
i do well in crypto, i promote that.
some can't do well in anything, so they end up with EPF and FD, which is fine.

you should know what your investment approach and appetite is. What you are comfortable in. Don't invest just because other people recommend. You basically just a blind followers, and if you are unlucky, you get dumped being the last person to hold the stocks.

People would recommend stocks to you - 1. you are their exit liquidity. 2. Because it's really good and you buying them making you creating a new support.

I believe investment is very personal. Do what you are COMFORTABLE at, and listen to others but don't follow. You make your own decisions at the end of the day.
gashout
post Jul 29 2024, 08:29 AM

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QUOTE(Ramjade @ Jul 29 2024, 08:17 AM)
People are generally lazy. Lazy to research. Want to be spoonfed. So if someone doing research already. They expect it's good and just follow.

gashout you should know that there is an additional group. Paid stock picking group. The owner is paid to come out with good recommendations. So if he doesn't have good recommendations, he got no business. Btw some of this paid stock picking guys are good. I only know 3 which are good. Rest all rubbish.🤭

They are Adam Khoo, Mr firedupwealth and stockado. Stockado is like no more.
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stock picking paid group is also depend on their own investment approach. if you focus on adam khoo, you are basically invest according to his appetite and approach.

one still needs to find their own investment journey.

but since so many lazy ones, ram, let's create one together drool.gif
gashout
post Jul 29 2024, 11:57 AM

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QUOTE(Ramjade @ Jul 29 2024, 11:52 AM)
Actually Adam Khoo is a very conservative guy. For someine very conservative, it is surprising that he can beat the S&P500. His holdings are the typical US stocks.

Google, Amazon, Facebook, mcd, United health, visa card, Adobe. Based off what he shown on his YouTube.
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Yes, he is very conservative, and teach the basic of the basic finance knowledge.


 

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