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I remembered there was a time when a broker told my family to buy SIA during circuit breaker. Most don't believe.
One of my family members who previously sold his flat and he went All In. Everyone was putting him down for a few months. He just ignore noises. Today, he is sitting on millions despite market fear.
One of my family members who previously sold his flat and he went All In. Everyone was putting him down for a few months. He just ignore noises. Today, he is sitting on millions despite market fear.
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Bull Run : He has the clear mind that never deter by market fears that most ppl had. Cool!
MoneyManyMan Bull Run : I bought OCBC at 6.90… look at where I am now… lol
FollowThatRainbow OP Bull Run : I guess he had the simplest mind.
What's goes down, will come back up again.
Via versa.
stingers : I remember there was a time (2008) my broker ask me to buy SIA. I sold my house and all in at $15.22 { ATH than was about $20.00}. Even before circuit breaker SIA was trading at about $6 to $7. A 60% lost. Today I'm homeless
MamaCat21 MoneyManyMan : Now you are a very rich man![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
FollowThatRainbow OP MoneyManyMan : Congrats bro!
You are one of the type of investors that I admire the most. Your vision is great. Slow and steady win.
Most people nowadays like quick return and most will eventually encounter have quick losses. Roller-coaster ride if you have stomach to endure.
FollowThatRainbow OP stingers : Everyone's situation is different.
I guess when you have extra to lose, you not afraid to lose.
Btw he got more than a house. He All in his cash proceeds but he still have other income from other property rental.