Pity these one or two folks (PhonkEnjoyer123, Gudetamasan, riiemran, crazycatlady, Gothamcrusader, MChloe, blueredpill, Perfecto) who are just doing their job trying to earn rm2k+ from his pay master by singing praises for the counter.
"Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows." — Jim Rogers
While 10- to 15-year lows are not common, they do happen. During these times, don't be shy about going against the trend and investing; you could make a fortune by making a bold move or lose your shirt. Remember the first quote in this article and invest in an industry you've researched thoroughly. Then, be prepared to see your investment sink lower before it turns around and starts to pay off.
"Given a ten percent chance of a 100 times payoff, you should take that bet every time." — Jeff Bezos
Most people dismiss many of the best and most profitable investment ideas simply because they probably won't work. These investors never stop to consider how much they could make if unlikely outcomes actually occur. Jeff Bezos took those bets and became one of the richest people in the world.
"If there is one common theme to the vast range of the world’s financial crises, it is that excessive debt accumulation, whether by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom." — Carmen Reinhart
Beware of debts that seem sensible during periods of prosperity. When a crisis comes, individuals, companies, and even governments that ran up debts during the boom usually suffer the most.
"Know what you own, and know why you own it." — Peter Lynch
Do your homework before making a decision. Once you've made a decision, make sure to re-evaluate your portfolio on a timely basis. A wise holding today may not be a wise holding in the future.
"You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets." — Peter Lynch
When hit with recessions or declines, you must stay the course. Economies are cyclical, and the markets have shown that they will recover. Make sure you are a part of those recoveries.
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....
Gudetamasan
59 posts
Posted by Gudetamasan > 2 months ago | Report Abuse
Property development is picking up, and Annum’s projects are gonna benefit big time. This stock has serious potential.