Lessons Learnt from Stupid Mistake - Share Yours

[Temperament]

This why i keep on stressing Money(stocks & shares, investments) and Politics can never be separated.
Now Singapore and Indonesia has some differences over the naming of war ships by Indonesia, we have to watch carefully what's going to happen next?

well, short term i think there is a possibility that the haze problem has potential to get worse

Long term though, unless some 'negative surprise' happen during the upcoming Indonesia's election it's a bit difficult to imagine the political row to flare up further. As far as i know a lot of Indonesian politician and businessmen go to Singapore for healthcare purpose. Singapore is also currently the homebase for a lot of major multinationals regional head office. Uncle Sam will surely do something to prevent conflict escalation

Hope so Money talks louder in this case.

[thereserved]

Bought roxy at 0.61 just before results announcement. Results announced the following day that they achieved record profits but unfortunately their stock price fell.

Sold it at a loss since the volume is pretty low and might take too long to recover, decided to cut loss, free the funds for other investments.

Bought maplegcc when it was at an all time high of above $1. Had to slowly average down, decided not to cut loss on this since they have strong fundamentals and good dividends.


Sent from my iPad using Tapatalk

[wahkao]

b) don't be greedy, taking a good profit after a short holding period is often a wise thing to do

i disagree,
you should cut your losses quick and let your profits run.

So in your case, you let your profits run. Its wise to do.

statistically, it will work in your favor.

Trust me, I done the statistics

[corydorus]

b) don't be greedy, taking a good profit after a short holding period is often a wise thing to do

i disagree,
you should cut your losses quick and let your profits run.

So in your case, you let your profits run. Its wise to do.

statistically, it will work in your favor.

Trust me, I done the statistics

Depends on the type of stock. For Reits after significant capital gains, the upside likely limited. And if we choose Value stock, if fundamental no change, let profit run is good but personally i will still take staggered profits.

[ashparagon]

Just started investing not too long ago..

After doing all the 'research' (e.g. keppel corp vs sembcorp and pe, pb, 10 years financial statments), I bought sembcorp utilities just before it went ex-dividend and I didnt realize what ex-dividend was. It dropped ard 5% within a few days.

When you bought before it went ex-dividend, does that mean you managed to receive the dividends?

[enigmack]

My biggest mistake on hindsight was doing my first investments during the 08 crisis. Brought Capitaland and Fraser Centrepoint at discounted prices and sold them off for good profits. Became overly confident after that and went in too early on later purchases. Now learn to be more patient and observe before going in