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10-03-2015, 10:23 AM
(09-03-2015, 04:11 PM)Layman A Wrote: Thank you uncle Temperament,
You are always the kind one with kind words, as usual.
No lah. i just remember in investing i must leave my ego behind. Or it will kill me( make me lose plenty of money in no time). This i got confirmation from reading a book by a neuro psychologist who wrote a book about her own investments and her client's ; after she switch over to become an investment fund manager. And i have not finished reading it, I have to returned the book to NLB. Shame on me. A very slow reader.
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.
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.