Posts: 3,474
Threads: 95
Joined: Jul 2011
Reputation:
17
Surprise !
S Chips still interested people.
Vow I never touch them again.
In fact, anything to do with China's coys.
Call me Bias Old Man if you like.
Even a fool in investing in S Chips
But even some banks were fooled in the hey days of S Chips LOL!
How can I not be fooled!?
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.
Posts: 71
Threads: 1
Joined: Feb 2013
Reputation:
4
I was burnt by S chips as well many years back. The only S Chips I touched after that were China Merchant Pacific and China Aviation Oil. I think the risk is relatively lower with strong government backing.
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