Sdf4786k Twincharged July 28, 2021 Share July 28, 2021 20 hours ago, Volvobrick said: I applaud the Chinese government move to kill off kiasuism of the parents and give the childhood back to the kids. We should do the same here. and kill off a 500 mil industry with Moon lighting teachers ? ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 28, 2021 Share July 28, 2021 21 hours ago, Bacteria83 said: @Voodooman I'm 50% heavy on China stock seem like there is more room to fall I didnt see this earlier. 50% on china alone is not diversification, its a concentration bet. as long as you didnt borrow to buy, will still live to fight. i know of some who borrowed to buy and now kena margin call. Get burn lor… no pity, no sympathy. 2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 28, 2021 Share July 28, 2021 20 hours ago, Wt_know said: Youtube guru said ... go BIG or go home ... some guru >50-70% invested in one stock ... guess ? TSLA ! those gurus all young and one hit wonder. Never get whacked by market before so they think its so easy. Anyway, they are lucky to make money so now just losing money which they won earlier. for us, its different, its hard earned through sweat blood tears and time. Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 28, 2021 Share July 28, 2021 The happiest guys are the Americans now. Many of them are now laughing at China and Chinese companies being screwed by their own government. Cant help but agree…. It isnt even economics just plain politics. Link to post Share on other sites More sharing options...
Wt_know Supersonic July 28, 2021 Share July 28, 2021 (edited) 11 minutes ago, Throttle2 said: The happiest guys are the Americans now. Many of them are now laughing at China and Chinese companies being screwed by their own government. Cant help but agree…. It isnt even economics just plain politics. just like the american politician fk bitcoin here there everywhere ... say the world should use $USD$ only for international transaction ... in greenback we trust ... screw it now many US states governors open leg wide wide to welcome chinese miners to move their bitcoin mine to USA ... and the bitcoin mine is HUGE ... really HUGE ... not what you see the 10 to 20 rows of computers but entire building block or facility that suck in gigawatts of electricity Edited July 28, 2021 by Wt_know Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 28, 2021 Share July 28, 2021 Well they have cheap cars and housing. still enjoy life, shiok and song. we on the other hand are great on paper, but in reality, sad life. Singapore Lang Jin Sad Life !! 😢🥲😅😂 1 3 Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 28, 2021 Share July 28, 2021 5 yrs ??? Only??? Oh come on!!! please!!!! 🤦🏻♂️ 2 Link to post Share on other sites More sharing options...
kobayashiGT Internal Moderator July 28, 2021 Share July 28, 2021 29 minutes ago, Throttle2 said: 5 yrs ??? Only??? Oh come on!!! please!!!! 🤦🏻♂️ the cute little piranha says everything. hahaha your hand go inside, come out only left bones ah. hahahaha. 3 Link to post Share on other sites More sharing options...
Bacteria83 Turbocharged July 28, 2021 Share July 28, 2021 @Throttle2 Ya lucky not holding all these using margin. Will just ride it out, not going to avg down further. Bad case scenario China Tech will drop another 15% - 30% from this level. If the worst case scenario happen, cold war between USA & China, Delisting from USA, inflation risk pushes interest higher plus China regulation crack down then Bedok reservoir maybe too small for all of us. 1 Link to post Share on other sites More sharing options...
Chongster 6th Gear July 28, 2021 Share July 28, 2021 On 7/27/2021 at 4:29 PM, Wt_know said: Youtube guru said ... go BIG or go home ... some guru >50-70% invested in one stock ... guess ? TSLA ! i read Charles Munger said the same thing - something to the effect that in life you only get a few chances so if you see a good one, go in in a big way and not niao chee niao lan. but me unfortunately always balls shrink 😂 1 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic July 28, 2021 Share July 28, 2021 (edited) 17 minutes ago, Chongster said: i read Charles Munger said the same thing - something to the effect that in life you only get a few chances so if you see a good one, go in in a big way and not niao chee niao lan. but me unfortunately always balls shrink 😂 of course different strokes for different folks like Buffet kor said "diversification" is for people who don't know what they are doing obviously for some young and dangerous and with some luck definitely can Go BIG or Go Home .... but i have passed that stage too ... balls getting smaller ... young play football mid age play tennis ball old liao play golf ball ball getting smaller and smaller ... Edited July 28, 2021 by Wt_know 2 Link to post Share on other sites More sharing options...
Enye Hypersonic July 28, 2021 Share July 28, 2021 wah… tomorrow sti will chiong or not? https://www.straitstimes.com/business/banking/singapores-central-bank-lifts-dividend-restrictions-on-local-banks 😬😅 3 Link to post Share on other sites More sharing options...
Wt_know Supersonic July 28, 2021 Share July 28, 2021 9 minutes ago, Enye said: wah… tomorrow sti will chiong or not? https://www.straitstimes.com/business/banking/singapores-central-bank-lifts-dividend-restrictions-on-local-banks 😬😅 sifu ... how many DBS lots you holding? so kan cheong .... Link to post Share on other sites More sharing options...
Volvobrick Supersonic July 28, 2021 Share July 28, 2021 4 hours ago, Wt_know said: of course different strokes for different folks like Buffet kor said "diversification" is for people who don't know what they are doing obviously for some young and dangerous and with some luck definitely can Go BIG or Go Home .... but i have passed that stage too ... balls getting smaller ... young play football mid age play tennis ball old liao play golf ball ball getting smaller and smaller ... When you will play marble balls again? 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic July 28, 2021 Share July 28, 2021 He will show you how ! Guru guru guru alert 1 Link to post Share on other sites More sharing options...
Voodooman Supersonic July 29, 2021 Share July 29, 2021 On 7/27/2021 at 4:29 PM, Wt_know said: Youtube guru said ... go BIG or go home ... some guru >50-70% invested in one stock ... guess ? TSLA ! Used to think that way until a sure win investment turned out to be quite a lemon. 不怕一万 就怕万一。😂 3 1 Link to post Share on other sites More sharing options...
TangoCharlie Supersonic July 29, 2021 Share July 29, 2021 On 7/27/2021 at 6:10 PM, Lala81 said: Averaged down 3067 yesterday. Not the best decision cos my friends also averaged down then. I have quite a bit of baba due to buying down all the way from 260+. But not going to average down for it, too much regulatory risk in individual counters for now. Today up liao but I have a shorter runway so I have 2801 instead. My Impression is 3067 have as much volatility as 10c or baba. As for regulatory risk, these bigger boys have deeper resources and guanxi to navigate them relatively unscathed, imo, in the longer term. 3 1 Link to post Share on other sites More sharing options...
Lala81 Hypersonic July 29, 2021 Share July 29, 2021 54 minutes ago, TangoCharlie said: Today up liao but I have a shorter runway so I have 2801 instead. My Impression is 3067 have as much volatility as 10c or baba. As for regulatory risk, these bigger boys have deeper resources and guanxi to navigate them relatively unscathed, imo, in the longer term. i didn't average down yesterday. So didn't catch the bottom. ↡ Advertisement Link to post Share on other sites More sharing options...
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