New member self-introduction

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#1
Hi,

I am new member. With respect, let me do a self-introduction before i start my posting to this forum

I am in my fourties, engineering background. started investing about 10 years ago. I started with following rule of "buy low and sell high" with reference of long term average, without considering any other factors. It did work sometime, but fail the rest of time. The bigger failure is my "investment" for Pacific Century. Probably forumer here know why

I started to learn and review the "investment" rule i follow, after reading books and forum here, i changed the mindset, and take every investment like buying a company or begin new venture. It seem working for the last 5 years. i had never lost any $ since then (realised loses). Not earn big $ yet ;-) It may due to my poor skill in evaluating "biz" and poor in believing myself and act on it without hesitation.

I gain from this forum, and would like to pay back. I can not guarantee what i posted is "valueable" in $, but i can guarantee my posting is true and with the intention to share and learn

I believe every comment/view is unique and worth to consider as long as it is with right intention. We may not follow, but after digested it, it may produce something useful.

Feel free to give comment on my every posting in the future.

Thanks
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#2
"I believe every comment/view is unique and worth to consider as long as it is with right intention. We may not follow, but after digested it, it may produce something useful."

Unquote:
i, old-man welcome you on behalf of all who are here with good intention of sharing their knowledge and experiences for the benefit of anyone who can use the sharing. Welcome.
Shalom!
NB:
My signature is for psychoing myself. It is not meant for anyone. i don't want to lose money any more "unnecessary".TongueBig Grin
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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#3
Thanks for the hospitality given by Temperament.

I had learned from your posting, especially the recently in the discussion of "perpetual preference shares". Thanks again for the sharing.

I am not financially trained. So may not able to contribute too "technically" on financial topic. The only thing i can share probably is my experience after i had practiced some of the investment knowledge learned and my view on some topic (hopefully old enough to be useful ;-) )

I will try and your are one of my role model here
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#4
(29-03-2012, 10:40 AM)CityFarmer Wrote: Thanks for the hospitality given by Temperament.

I had learned from your posting, especially the recently in the discussion of "perpetual preference shares". Thanks again for the sharing.

I am not financially trained. So may not able to contribute too "technically" on financial topic. The only thing i can share probably is my experience after i had practiced some of the investment knowledge learned and my view on some topic (hopefully old enough to be useful ;-) )

I will try and your are one of my role model here

Oh no ! No, no not me as one of your role model except that to let you know don't worry too much you are a fine gentleman to me by declaring your intention up front. i am only ITE trained (some people call it "It The End" of the road) yet i manage to be in the Market for 24 years already. So don't you worry, you will be doing fine and should/will be better than me in the long run with your high level of understanding of things.
Cheers!
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#5
To qualify as role model, it does not depend on education level, wealth, beauty/strength

It depend on how he/she behave (interact with others), and what he/she had done.

My mum does not go thru any education (not even primary school). But she know what is right to behave and hold tight to that principle, even on bad time. Her determination and courage to face difficulty is always been admired by me. She had helped others even during bad time.

I have a Master degree, but when facing difficulty and challenge, i am no match at all compare with her.

She is my role model in life
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#6
(29-03-2012, 11:33 AM)CityFarmer Wrote: To qualify as role model, it does not depend on education level, wealth, beauty/strength

It depend on how he/she behave (interact with others), and what he/she had done.

My mum does not go thru any education (not even primary school). But she know what is right to behave and hold tight to that principle, even on bad time. Her determination and courage to face difficulty is always been admired by me. She had helped others even during bad time.

I have a Master degree, but when facing difficulty and challenge, i am no match at all compare with her.

She is my role model in life

Your understanding of human beings touch me deeply. My regards to your mother and you.Heart
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#7
My mum pass away several years ago. What she teach me by example will last forever

It make me feel sad, whenever i talk about her.

I did not manage to do my part as son when she is around. She not even has vacation with me (not even once...) when she is around.

树欲静而风不止,子欲养而亲不待 ...........................
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#8
I am sorry to hear your mum has passed away. If it's any consolation to you, just remember all great parents are willing to give and give one way or another. All they want is to see their children can stand on their own two feet and they very happy already.
Cheers!
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#9
Thanks for your sharing CityFarmer.

树欲静而风不止,子欲养而亲不待

It's bring back memories of my grandma who died during my BMT. I did not have a chance to repay her kindness. What I can do now is to cherish and take care of her only daughter.

Life is is more than the blind pursuit of money. Money is fun only when I can share it with my loved ones Wink

Just google singapore man of leisure
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