Read? What do seasoned retail lnvestors fear the most?
For newbies who have lost money recently; you may like to think that you are among those unlucky fellows who step into your investing journey at the wrong timing. Sianz!
What about Uncle8888 who have a dream in Dec 1999 of becoming financial independence and get out of Rat Race through ...
He started right at the end of Bull Peak in Jan 2000. He was so unlucky, and then followed by more bad luck in Sep 2011 WTC, SARS in 2003 and was badly hit and down by GFC in 2008.
Anyone who has just started his/her investing journey near the end of Bull market will know that kind of feeling?
Investing can lead to more wealth meh!
What next in 2016 and how BAD can it be?
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When we are badly hit by two Bears within three years after throwing more and more money into the stock market, will we still believe investing is the way to grow our wealth on our savings and then AGAIN lost bulk of the accumulated wealth BACK to the stock market in 2008 GFC Big Bear?
ReplyDeleteI think many would give up on investing and become good savers and at least as good savers, they no need to suffer from emotional roller coaster rides across market cycles.
There were times (the greenhorn times) when we have yet to 'feel' the market.
ReplyDeleteOnly the ones who have taken the roller coaster would know how to better prepare themselves for unexpected turns and plunges. After a while no more feeling like throwing up and no more anxiety.
me too,
ReplyDeletefirst time invest (actually trading) in stocks right at the peak of oct 1987!! my 8 thousand dollars fund, in those time which is a lot can buy you a brand new car already, when to zero in just 2 days!
after that i stop looking at stocks for like 5 years.....
todays drop is nothing (yet) comparable to oct 1987!
Deletethe other big crash is ofcos 1997/1998, where many stocks drop some 90% in value and never been seen again!
Deletein comparable to 2008/09, as i say, almost all stocks survive and recovered, save by the central banks and govt intervention.
Deletewill that happen aagain? everytime we search for saviour during crises, will they step up again?
Zen.
ReplyDeleteI am unpolished investor. I worry only about the economy that I have stakes in.
ReplyDelete