I'm finally walk down to a path of every investor is facing, investment value went down after I bought into Parkson. It went down by almost 15%, the market vindicated that I bought too early. I don't know what happened to me especially I knew HSI may well go down to 22,00(clik to see my entry on Gennie out of bottle), why didn't I wait? Well, no point crying of spilled milk, you did what you did during that time. Do a better job in future -- learn from my mistake.
Assuming I did not buy at $ 5.80, will I buy at $ 4.94? The answer? Yes, then there is no point that I sell my investment now. However, if Parkson bottom lines were to drop by 20%, be merciless, I must sell regardless of price.
Wednesday, June 25, 2008
Subscribe to:
Post Comments (Atom)
3 comments:
IF YOU BUY IT BECAUSE IT'S CHEAP, YOU WOULD NOT SELL IT WHEN IT BECOME CHEAPER.
I WILL BUY MORE IF I CAN AFFORD.
Don't be afraid of losing. Study how you have come to the decision of buying Parkson previously. Don't be shaken by the last transacted price.
Turtle, do u put real money into this?
Post a Comment