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Why Stupid People Can't Make These Mistakes In Investing?

Why Stupid People Can't Make These Mistakes In Investing?

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Temperament Offline
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#21
03-01-2017, 08:20 AM
(30-12-2016, 08:09 PM)thinknotleft Wrote: I have read Nasim Taleb's 3 books; I like his Greek stories in his books. Its psychologically very difficult to invest like him, where u lose money most of the time until you hit a black swan and make money.

Ha! Ha!
Invest like him is really psychologically "insane" but the if you are sane all the time why invest in the market?
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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corydorus Offline
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#22
03-01-2017, 09:59 AM
For most people, you will be unhappy most of the time which is really insane. I rather put in FD and sleep well.

Just my Diary
corylogics.blogspot.com/


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Temperament Offline
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#23
03-01-2017, 10:12 AM
AH...........!

It's not easy not to look at your neighbour's grass and think it's not greener.

It's not easy to look and still be happy with what you have.

Nevertheless, must practise Sleep Well my friend, is most important in life.

Without it you can never enjoy life.

You even can not do anything properly when you need to do it.

i think we should be insane only when the Black Swan appears.

At all other times try to be sane.

To sleep well my friend, is most important.
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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dividendangel Offline
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#24
09-01-2017, 12:21 PM
(03-01-2017, 10:12 AM)Temperament Wrote: It's not easy not to look at your neighbour's grass and think it's not greener.
haha this is so true.
i find singaporeans always finding grass greener at the other side lol
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