Tuesday, 9 August 2011

A new worse - STI Aug 11

STI has broken the 3000 pt to a 2884 following the pessimistic market outlook on US debt issues and the PIIGS debt.

Suffering from biggest portfolio plunge ever.

Lesson One learned is - 见好就收

Lesson Two is - wait out the storm and buy only when things stabilize and not during the plunge point.

Lesson Three is - buy only stocks that give dividends or the bluechips

Lesson Four is -  look at figures with 平常心, don't panick


Investing really takes much Patience and Discipline.

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1 comment:

  1. Wait and wait and forgot to take action! tsk tsk...

    ReplyDelete

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