Kelfinity 1st Gear July 30, 2007 Share July 30, 2007 Hi guys, just trying to do a poll since the economy is doing so well..though I am not a beneficiary of it... Sunday Times reported ppl buying fast cars, luxury apts, designer furnitures like there's no tomorrow... Is it due to the stock mkt? Pty mkt? or their profession? ↡ Advertisement Link to post Share on other sites More sharing options...
Typhoonz 4th Gear July 30, 2007 Share July 30, 2007 My dad has taught me never to meddle with the stock market... He did just that and landed himself in debt... So he's a living example for me... Link to post Share on other sites More sharing options...
Kelfinity 1st Gear July 30, 2007 Author Share July 30, 2007 He doesnt practice what he preach? Link to post Share on other sites More sharing options...
Typhoonz 4th Gear July 30, 2007 Share July 30, 2007 Too bad for him... At least he cleared the debt already... Link to post Share on other sites More sharing options...
Kelfinity 1st Gear July 30, 2007 Author Share July 30, 2007 Nobody trades in MCF? Recently, i see more and more bentleys and Lambos around... is it just me or my eyes playing tricks on me? Link to post Share on other sites More sharing options...
Kelfinity 1st Gear July 30, 2007 Author Share July 30, 2007 Did he quit for good? I know of frens who kept going back again and again trying to recoup the losses... I did that too but gave up in the end... its like a hopeless pursuit. Link to post Share on other sites More sharing options...
Typhoonz 4th Gear July 30, 2007 Share July 30, 2007 He didn't have any extra money to start off again... He wouldn't also as he has got himself a very thorough lesson... Link to post Share on other sites More sharing options...
Kelfinity 1st Gear July 30, 2007 Author Share July 30, 2007 Did that happen in the recent meltdown or the Feb one? It seems that once u are caught in such a correction, all past gains can be easily wiped off. Like they say... Big Brothers (fund houses) always win the game. Link to post Share on other sites More sharing options...
Typhoonz 4th Gear July 30, 2007 Share July 30, 2007 No lah... He's case was long long time ago... About 10 odd years liao... Link to post Share on other sites More sharing options...
Zanter 3rd Gear July 30, 2007 Share July 30, 2007 Dont borther if ppl say they make so much from market. Why? When they make a little they announce to whole world but when lose they diam diam. I dont think u can make a Lambo trading stocks unless u have a creditline of a few million & even then U wud have lost a few hundred thousand if you bet the wrong way recently. Some business ppl do make enuff to buy a Lambo to show off but the smart ones reinvest their money cos their know when u buy a 500k car 60% of the money goes to the garment, 20% to dealer & ur left with only 20%. Link to post Share on other sites More sharing options...
Kelfinity 1st Gear July 30, 2007 Author Share July 30, 2007 Yup, i agree with you. Then again, if one has so much excess cash, y not get something he/she likes to pamper him/herself? Afterall, money can never be brought to the nether world. Link to post Share on other sites More sharing options...
Freestylers09 5th Gear July 30, 2007 Share July 30, 2007 buy lambor?how many thousands of lot u bought?not easy to make a million unless u play with 10 millions or so zhun to catch a stock that up so fast...but recently got few ...but miss the boat just play and earn a little can liao lor. Link to post Share on other sites More sharing options...
Kelfinity 1st Gear July 30, 2007 Author Share July 30, 2007 Any recommendation boh? Recently kena meltdown, feel like giving up... Link to post Share on other sites More sharing options...
Zanter 3rd Gear July 30, 2007 Share July 30, 2007 If excess cash why not grow your money instead of making rich donations or an alrdy rich garment? A car is a depreciating asset & doesnt give u income. Link to post Share on other sites More sharing options...
Freestylers09 5th Gear July 30, 2007 Share July 30, 2007 This kind of things i dun recommend one...u kana last friday and last last wednesday effect issit? Link to post Share on other sites More sharing options...
Kelfinity 1st Gear July 30, 2007 Author Share July 30, 2007 I guess it has got to do with passion bah... i know of someone..earning 3K+ owning a RX-8. He told me its money wasting but the passion keeps it going. Link to post Share on other sites More sharing options...
Kelfinity 1st Gear July 30, 2007 Author Share July 30, 2007 i kenna last thur and fri one lor... sibeh sianz... but i cut losses liao lah. Now only holding some for long term. I use to contra only. Link to post Share on other sites More sharing options...
Zanter 3rd Gear July 30, 2007 Share July 30, 2007 Recommedation is to take ur money & bet on red on the next roll @ Gentings. Easier to make money. Stock market always play on ur fear & greed emotions so you are a small fish in a big ocean of sharks being manipulated. If you do not know what u r doing best to keep out. ↡ Advertisement Link to post Share on other sites More sharing options...
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