Money Mind

General Category => The Common Lounge => Topic started by: Risa on Mar 08, 2025, 08:28 PM

Title: Recently I burnt my fingers on the stock market
Post by: Risa on Mar 08, 2025, 08:28 PM
Hopefully, I am not a laughing stock here.

But I burnt my fingers on SGX.

My nicely built 2025 budget now needs major adjustments for the rest of the year.

Rmb, if want to play SGX, stick to DBS/OCBC/UOB/Singtel/ComfortDelgro only. But best is dont touch SGX. Once kena burnt, hard to recover due to the stocks mostly all CMI fast to drop, slow to rebound, except for the small selected few.
Title: Re: Recently I burnt my fingers on the stock market
Post by: jim889 on Mar 08, 2025, 08:38 PM
Quote from: Risa on Mar 08, 2025, 08:28 PMHopefully, I am not a laughing stock here.

But I burnt my fingers on SGX.

My nicely built 2025 budget now needs major adjustments for the rest of the year.

Rmb, if want to play SGX, stick to DBS/OCBC/UOB/Singtel/ComfortDelgro only. But best is dont touch SGX. Once kena burnt, hard to recover due to the stocks mostly all CMI fast to drop, slow to rebound, except for the small selected few.

dun be sad. chiu not alone.. moi also lost $$$$ on the share market

best dun touch shares.. moi write off moi investment liao

 :frown:
Title: Re: Recently I burnt my fingers on the stock market
Post by: default on Mar 08, 2025, 08:41 PM
how much did u lose?
Title: Re: Recently I burnt my fingers on the stock market
Post by: Risa on Mar 08, 2025, 08:42 PM
Quote from: jim889 on Mar 08, 2025, 08:38 PMdun be sad. chiu not alone.. moi also lost $$$$ on the share market

best dun touch shares.. moi write off moi investment liao

 :frown:


All in fixed deposits, T-bills better
Title: Re: Recently I burnt my fingers on the stock market
Post by: Risa on Mar 08, 2025, 08:42 PM
Quote from: default on Mar 08, 2025, 08:41 PMhow much did u lose?


i think not really say a lot.

 but enough to derail my entire year budget which, after considering all the expenses, is already very tight, as i have a minimum amount to save per month (and overall for the year) and i must ensure i stick to it.

have to cut down on many expenditure for the next 9 months.
Title: Re: Recently I burnt my fingers on the stock market
Post by: 老曾记 on Mar 08, 2025, 08:59 PM
Quote from: Risa on Mar 08, 2025, 08:42 PMi think not really say a lot.

 but enough to derail my entire year budget which, after considering all the expenses, is already very tight, as i have a minimum amount to save per month (and overall for the year) and i must ensure i stick to it.

have to cut down on many expenditure for the next 9 months.

Sorry to hear that Risa and Jim.
Title: Re: Recently I burnt my fingers on the stock market
Post by: Risa on Mar 08, 2025, 09:22 PM
Quote from: 老曾记 on Mar 08, 2025, 08:59 PMSorry to hear that Risa and Jim.


no choice, thats life
sometimes win, sometimes lose
Title: Re: Recently I burnt my fingers on the stock market
Post by: sTiCkY on Mar 08, 2025, 10:18 PM
that sucks... moi only play 10k..

dun dare throw too much.. later lose liao cry...
Title: Re: Recently I burnt my fingers on the stock market
Post by: 老曾记 on Mar 08, 2025, 11:13 PM
Quote from: Risa on Mar 08, 2025, 09:22 PMno choice, thats life
sometimes win, sometimes lose

My 5.1k inside ibkr. Now down $200
Title: Re: Recently I burnt my fingers on the stock market
Post by: jim889 on Mar 09, 2025, 05:48 AM
Quote from: Risa on Mar 08, 2025, 08:42 PMAll in fixed deposits, T-bills better

buyed semi di / condo / gcb better :flash:
Title: Re: Recently I burnt my fingers on the stock market
Post by: Risa on Mar 09, 2025, 06:19 AM
Quote from: jim889 on Mar 09, 2025, 05:48 AMbuyed semi di / condo / gcb better :flash:


bo lui buy leh
Title: Re: Recently I burnt my fingers on the stock market
Post by: default on Mar 09, 2025, 06:27 AM
Quote from: Risa on Mar 09, 2025, 06:19 AMbo lui buy leh

Why u nv slp
Title: Re: Recently I burnt my fingers on the stock market
Post by: default on Mar 09, 2025, 06:27 AM
Quote from: jim889 on Mar 09, 2025, 05:48 AMbuyed semi di / condo / gcb better :flash:

Why u nv slp
Title: Re: Recently I burnt my fingers on the stock market
Post by: default on Mar 09, 2025, 06:28 AM
Quote from: 老曾记 on Mar 08, 2025, 11:13 PMMy 5.1k inside ibkr. Now down $200

Got put in funds? Wait for slaughter to be over first
Title: Re: Recently I burnt my fingers on the stock market
Post by: default on Mar 09, 2025, 06:29 AM
https://www.google.com/amp/s/www.forexlive.com/stock-market-update/the-cboe-volatility-index-vix-has-closed-at-its-highest-nearly-three-months-20250306/amp/
Title: Re: Recently I burnt my fingers on the stock market
Post by: jim889 on Mar 09, 2025, 07:04 AM
Quote from: Risa on Mar 09, 2025, 06:19 AMbo lui buy leh

99% / 1% ownership scheme
 :flash:
Title: Re: Recently I burnt my fingers on the stock market
Post by: jim889 on Mar 09, 2025, 07:05 AM
Quote from: default on Mar 09, 2025, 06:27 AMWhy u nv slp

moi 6am wake up can?
:flash:
Title: Re: Recently I burnt my fingers on the stock market
Post by: 老曾记 on Mar 09, 2025, 07:08 AM
Quote from: default on Mar 09, 2025, 06:28 AMGot put in funds? Wait for slaughter to be over first

No le. The rest are in SSB and fixed d.
Title: Re: Recently I burnt my fingers on the stock market
Post by: Risa on Mar 09, 2025, 11:00 AM
Quote from: default on Mar 09, 2025, 06:27 AMWhy u nv slp


I woke up at 6am
Title: Re: Recently I burnt my fingers on the stock market
Post by: Risa on Mar 09, 2025, 11:02 AM
Quote from: default on Mar 09, 2025, 06:29 AMhttps://www.google.com/amp/s/www.forexlive.com/stock-market-update/the-cboe-volatility-index-vix-has-closed-at-its-highest-nearly-three-months-20250306/amp/


those got money got time monitor the market 24/7 can continue to play stocks...

normal peasants like us, dont bother...

hence, rich people will forever become richer because they have all the time and resources to generate more wealth, while peasants like us no money no time in the first place...
Title: Re: Recently I burnt my fingers on the stock market
Post by: sTiCkY on Mar 09, 2025, 03:03 PM
Quote from: Risa on Mar 09, 2025, 11:02 AMthose got money got time monitor the market 24/7 can continue to play stocks...

normal peasants like us, dont bother...

hence, rich people will forever become richer because they have all the time and resources to generate more wealth, while peasants like us no money no time in the first place...

eat beans for breakfast lunch and dinner
Title: Re: Recently I burnt my fingers on the stock market
Post by: mGx-Alander on Mar 09, 2025, 04:22 PM
My paper loss is about 2 mth celery savings from reits and tech etfs when they laosai cos of covid

But i just hold
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