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Poll: 1Q 2008 - Make or lose money?
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sarahlkh
Senior |
19-Mar-2008 15:48
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invest over long term... i had experience loss of 50% in 1 stock, but it also give me 50% profit at the end of it... just hold on... but i do understand the painful meaning of cut loss now. |
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ekekeg
Veteran |
19-Mar-2008 10:15
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Congrats. This qrt 2008, I lost quite a bit on papers. Last year before August I made more than 100K. |
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hohokit
Veteran |
19-Mar-2008 10:03
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Hi ekekeg the poll is for qtr 2008 and last year i make good money. 
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ekekeg
Veteran |
19-Mar-2008 09:46
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I lost money too. But everyone of my friends also lost money, some in the few hundred thousands, and a few near the million. The reason they said was holding on to stocks bought prior to last August advent of the bear market. But in the bull market, some friends also lost money. So playing the stock market is not for anyone who has no money to lose. I find it rather odd that most people lost, but who are the ones who profit? Most sifus will say, wrong timing or wrong stocks will make you lose. True. But stock trading or investing is rather complex. Lets examine what most gurus will say: 1. Don't chase a rising market : means DO NOT BUY because you are chasing the price. . 2. Don't catch a falling knife : means DO NOT BUY because as price falls, the stocks get ever cheaper. So 1 is equal to 2, don't buy in a rising market and don't buy in a falling market. Therefore Don't invest in shares or else losing is the name. This paradox applies more accurately in the Singapore market. Hahaha. |
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hohokit
Veteran |
19-Mar-2008 09:28
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To be honest to all the sifu here,I am able to lose only 4K in this bear market i am very happy because during the '90 i can easily lose 50k at least. A BIG THANK YOU TO ALL THE SIFU FOR THE INPUT TO THIS FORUM.
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elfinchilde
Elite |
19-Mar-2008 00:56
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hey choohian, hugs back to you! :) how's it going? and yeps, thanks for the congrats. hopefully can hit my target soon, so can provide more for my family. :)))) elfie still in HK. have extended my hols to end of this mth. heehee. (i wish my damn company would pay my last working mth's salary tho!! Feb salary, supposed to pay in Mar, but still not in. And I'm in HK, how to chase. *#&$*&# govt job....hmph. :( hohokit, glad to see you're still so sanguine. a calm attitude always helps in the market. :) relieve and naproxen; it's the % that matters, rather than the figure. cos for someone who has say, 600k in the market, a loss of 30k is 5%. but for someone who's say, 100k in market, 30k loss is 30%. There's a huge dif....actual numbers may be misleading in this case. And well, if you've got cash still, then, there's always a chance of flipping the situation. Just don't panic or act on impulse,that's all. |
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relive1992
Member |
18-Mar-2008 23:56
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Paper loss abt $30K.
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Naproxen
Veteran |
18-Mar-2008 23:24
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Paper loss $55K. |
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hohokit
Veteran |
18-Mar-2008 23:21
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Ha ha me down 4k will return to kill the bear.
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momokojo
Member |
18-Mar-2008 23:05
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loss money for me....capitaland, cosco, wilmar, noble..... index stock but heading south for me... |
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choohian
Senior |
18-Mar-2008 22:57
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Hi elf, hugs for you and congrats. |
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elfinchilde
Elite |
18-Mar-2008 22:51
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Up. On gold and puts. Plus some stocks earlier in the in-between rallies. heehee. Locked in abt 20% ROC for 1Q. Mainly in cash now as have locked out both gold and puts last week. on target and on the hunt.... heehee. |
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pikachu
Veteran |
18-Mar-2008 22:38
Yells: "Holy Cow!" |
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Recently loaded up on Capitaland and made some dough - paper profit. Overall still down $5K for first quarter 2008 due to bank stocks. Anyone else care to share? |
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