Saturday, 17 January 2015
Six Zero Beggars???
Yesterday, Uncle8888 was talking stocks with one woman retail investor in her 50s. She has been investing for more than 20 years together with her hubby.
Woman and his man have often attended investment seminars organized by SIAS and other brokers on market outlook.
Wow! Tag Team partners!
Uncle8888 told her about his two zero beggars story.
But, she surprised him with her six zero beggars adventure. All beggars were S-chips.
One of them she has bought on that day and the next day it was suspended. Super shit!
Her best is Keppel Corp. She bought @ $3+ and sold @ $5+
Hmmm.......
The Moral of the Story ...
Many retail investors are likely to hold on to their losing stocks to zero; few are willing to hold tight when the stock price goes against them during market cycle.
Do we think only losing stocks cause pain?
Not true.
Read? When a Giant Gain Causes Pain (2)
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I have been going around in my workplace probing for real people, real investing story.
ReplyDeleteAnyone know of real people, real story of more than 6 zero beggars?
ReplyDeleteProbing means cannot be so direct. Must let them save face leh.
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