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7 comment(s). Last comment by kong73 2012-04-13 10:32
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.
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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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lotsofmoney
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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.