Share your painful experience with your financial investment

[Scb11980]

Personally, when i started, my RM keep asking me to average down many many years ago

today the stock is only 4cents

I bought at IPO made about 30K then RM ask me buy in when it dropped

i bought it at 90+cents and average down along the way until 40cents

then give up

lost more than 1/4mil p i s s e d o f f

 

lesson learnt - never be greedy, make your own decision - if wrong only yourself to blame

 

this is my biggest mistake in stock market, i will always remember so that i will not make the same mistake again

 

 

business - will share later when others

 

 

 

[Whisper_2000]

Personally, when i started, my RM keep asking me to average down many many years ago

today the stock is only 4cents

I bought at IPO made about 30K then RM ask me buy in when it dropped

i bought it at 90+cents and average down along the way until 40cents

then give up

lost more than 1/4mil p i s s e d o f f

 

lesson learnt - never be greedy, make your own decision - if wrong only yourself to blame

 

this is my biggest mistake in stock market, i will always remember so that i will not make the same mistake again

 

 

business - will share later when others

 

 

Bought Las Vegas Sands back in 2009. Looking back, should have bought more. Haizz

[Angchug]

My Prudential insurance friend ask me to invest in their fund. It's very safe and could get min 5% returns.

I trusted him as he is a manager and with +10 years working experience. I invested 200k and lost 98k within 6 months. No choice but to terminate the policy. Very piss off.

[Scb11980]

Are Advisers Who Sold Whole Life Plans Profit Driven?

Written By: Tiang Chuan on March 28, 2012 No Comment

As expected, in the aftermath of the news of MAS

[Scb11980]

Bought Las Vegas Sands back in 2009. Looking back, should have bought more. Haizz

i sold my early

 

in fact i was offer a large number from IPO when a particular bank suddenly did not want to pick it up

i thought then it was a bad sign

the rest is history

[Scb11980]

My Prudential insurance friend ask me to invest in their fund. It's very safe and could get min 5% returns.

I trusted him as he is a manager and with +10 years working experience. I invested 200k and lost 98k within 6 months. No choice but to terminate the policy. Very piss off.

 

i am in a position now negotiating compensation

 

you may want to find him and squeeze him

[Maroon5]

penny stocks!!! up fast, down lagi fast

[Yattokame]

AIG

 

Lost 6 figure sum. USD. Just sold it last year.

[Freestylers09]

i cancelled investment link after 5 months..

 

totally bo hua

[Chucky2007]

Wah all sibei rich..

[Curahee]

Bought Las Vegas Sands back in 2009. Looking back, should have bought more. Haizz

 

R u still holding lvs? If yes still ok mah... I sold mine too early... Bought at 8 plus, sold at 16 plus. Now at 57 plus.. If not i am half a million richer now

[Chucky2007]

i sold my early

 

in fact i was offer a large number from IPO when a particular bank suddenly did not want to pick it up

i thought then it was a bad sign

the rest is history

My colleague bought a brand new BMW M3 with his LVS winning..

[Maz0608]

penny stocks!!! up fast, down lagi fast

 

Same as you. Still holding on to quite a number of them.

Most of them bought just before Lehman Brother collapse..

Now almost worthless liao, no feeling even if they go bankrupt!

[Maz0608]

My colleague bought a brand new BMW M3 with his LVS winning..

 

My previous neighbour who is a trader himself bought a lot of Citibank shares when it was trading at about $1.

After selling off the shares, he bought a private condo at a bargain and move off liao!

[Jamesc]

I got married.

 

Not sure how much I lost

 

but still money bleeding every day.

 

Edited March 29, 2012 by Jamesc

[Booboon]

waste of bandwidth

[Whisper_2000]

R u still holding lvs? If yes still ok mah... I sold mine too early... Bought at 8 plus, sold at 16 plus. Now at 57 plus.. If not i am half a million richer now

 

 

Yup still holding it. It's one of the best decision i had. On the other hand, it's one of the worst decision i had too. Why? Should have tamba more like

[Whisper_2000]

My colleague bought a brand new BMW M3 with his LVS winning..

 

 

In my opinion, hold on a while...... more will probably be a prancing horse or bull. Seriously!