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7 comment(s). Last comment by kong73 2012-04-13 10:32

Posted by lotsofmoney > 2012-04-12 12:54 | Report Abuse

You must be a billionair by what you write. Unfortunately I don't think you are even among the millionairs. Stock market is highly speculative and risky.

I had seen too many actually penniless for playing shares.

Like the joke about the New York Exchange - all the luxury yokes belong to the reminsers while the bodies of the dead share players are everywhere in the Hudson river.

Posted by lotsofmoney > 2012-04-13 09:25 | Report Abuse

I lost RM 600,000.00 in yesterday market. How many can survived with such a loss. A lot who borrowed money will just die !

Posted by lotsofmoney > 2012-04-13 10:00 | Report Abuse

not with the present market. The upside is at best 10% but the down side can be a crash if all the foreign funds who hold 22.6% of the KLSE pull out. I expect at least 50% drop in price. For me it is OK because then I can pick some more. For the small timer, most of them will be dead with 50% drop.

kong73

2,065 posts

Posted by kong73 > 2012-04-13 10:32 | Report Abuse

waa..lotsofmoney..you really have lots of money one don't you...small investor like me will sure suffer n run out of money when market falls....waa..so far i never experience like that before..i hope i do not have too.

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