Stock Market record new high, so what's your result?
Index is breaking the all time
high record! Maybe we need to thanks the hot money “created” by US, seem now already spread the effect, especially for Asia stock markets, from
Hong Kong to Taiwan, Singapore, Thailand, Indonesia and Malaysia.
However, you would be surprised if I tell you many
investors are not making money, some even lost money in their
trade. Why? And how could this happen when market
is bull run?
Unfortunately, this is what really
happen in retail investors. School never teach how to invest
like a millionaire. After all, if there's a school, I don't think
there would be any millionaire teacher willing to teach those new bee
how to earn their fortune in the stock market. What we could find are those half pass six teacher, so what kind of result can you expect?
In fact, investment is similar to
swimming. You can not and also dare not trust the advice from your
friends or teacher. Furthermore, you may not know what they told is
right or wrong, it could be another stupid idea! Therefore, most
investor like to try an error in order to gain the “experience”.
I call this as a school fee / tuition fee that one need to pay in order to
learn the investment lesson. How big or small the “fee”, it's all depend on your decision.
I paid a 5 digit amount for my “tuition fee” in my earlier part of investment life. It was a big amount and
I treat it as my very first investment lesson on “why I lose money
in stock market”. Till today, I still record down this important
“lesson”, to remind me not to do the similar mistake again.
For those who started to invest in
stock market 10 years ago, if you have yet to learn the lesson, my
advice is, don't invest anymore, better put your hard earn money in
the bank's FD. If you are curious what are the lesson that I learn:
First, never buy a stock base on tips
or rumours.
Second, never buy the troublesome
company.
.
Sound simple ya, but if you don't believe me, go ahead to buy a stock base on hot tips, or buy a cheap company that going to burst... almost 90% I am sure you going to pay for it!
.
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