Hi all, was asked by a friend on the procedures of buying stocks in sg. I'm totally clueless so need to see if anyone can help me out here? thks!
Hi all, was asked by a friend on the procedures of buying stocks in sg. I'm totally clueless so need to see if anyone can help me out here? thks!
If your friend is clueless, now is not the time to get in. When everything was cold 2-3 years ago, your friend did not want to invest. Now it's so hot, it's better to stay out. A fool and his money are soon parted.
Hi all, was asked by a friend on the procedures of buying stocks in sg. I'm totally clueless so need to see if anyone can help me out here? thks!
Hi all, was asked by a friend on the procedures of buying stocks in sg. I'm totally clueless so need to see if anyone can help me out here? thks!
hi, i dun know what has prompt u to get interested in the market, i hope to warn u this : market is now crazy high and overvalued.. any bad news will trigger massive selloff which small and new investors will never be able to take it. I am now selling more to take profits and buying lesser to invest.
do u know something ? when more and more new people suddenly wanted to play stocks ? it is a definite sign that the great market crash is coming... it is proven many times in history.
i suggest u stay put and wait for a correction.
now is problem is dunno when ....I have been waiting for 1 month ... it seems like there is no sign of resting ... the bull still run to record high today ....:dunno:
Hmm, the views here seem so -ve about stocks. I'm not into stocks, but they always say, playing stocks require lots of hard work and research on the market and intelligence.
Whenever you ask those who are successful in stocks, they will tell you people fail or traditional (poor) parents' tale seem to say, "Stay out of stocks" cos they dunno how to play it. Any truth in that statement?
Seems like i've read people who are super rich and intelligent in stocks can lose by the hundreds of thousands in a few short days, but in no time, they make back even more. Is this a fairy tale story hyped up to make making money sound so simple? In fact, if you turn the papers, you will see so many adverts on people telling Make Quick Money easily thru investments and what-nots....
Hmm, the views here seem so -ve about stocks. I'm not into stocks, but they always say, playing stocks require lots of hard work and research on the market and intelligence.
Whenever you ask those who are successful in stocks, they will tell you people fail or traditional (poor) parents' tale seem to say, "Stay out of stocks" cos they dunno how to play it. Any truth in that statement?
Seems like i've read people who are super rich and intelligent in stocks can lose by the hundreds of thousands in a few short days, but in no time, they make back even more. Is this a fairy tale story hyped up to make making money sound so simple? In fact, if you turn the papers, you will see so many adverts on people telling Make Quick Money easily thru investments and what-nots....
:think: .. i believe that there is SOME truth, but minimal...even for me who is just a student, not knowing much about the market managed to make "abit"....so go on and play!!
umm and on the serious note, how is one to judge whether now is the time or not.... its always the time as long as you have certain self-restrain and foresight:embrass:
The next fall has nothing to do with Singapore bubble bursting.
It will be the result of the China bubble bursting...
Saw this photo of China aunties buying stocks in the papers today. Reminded me of the last bull in SG.
Scary.... The time is coming... As the saying goes, "When aunties enter the market, it is time to pull out of the market"...
So if your friend has no idea, take this time to study the procedures, understand the clockwork of the market, store power, then enter after the correction...
The next fall has nothing to do with Singapore bubble bursting.
It will be the result of the China bubble bursting...
Saw this photo of China aunties buying stocks in the papers today. Reminded me of the last bull in SG.
Scary.... The time is coming... As the saying goes, "When aunties enter the market, it is time to pull out of the market"...
So if your friend has no idea, take this time to study the procedures, understand the clockwork of the market, store power, then enter after the correction...
Yes, there is a record high of newbies in Shanghai market this month, they are totally new, zero experience and just wanted to make money becos they see their friends making money too. So monkey follow monkey into the lion den. Worse still, they even take loans and credits to play stocks... so beware if u had overseas friends from China suddenly want to borrow money from u to invest, stay away from such.
:sweat: