Money Mind

General Category => The Common Lounge => Topic started by: Imboredtodeath on Apr 24, 2024, 04:25 PM

Title: Actually stocks investing is only a side quest
Post by: Imboredtodeath on Apr 24, 2024, 04:25 PM
It cant get u rich and no guarantees, just my pov

Still need savings and a job or biz

I feel those that can sustain from stocks are already rich to begin with leh... hw many people rly make it rich through stocks? Crypto is another matter but again its only those diamond hands... most of these people are already rich to begin with.

The rich get richer, because those that can dont care and just buy 100usd 10yrs ago and hodl all the way or forgot abt it are very well to do in the first place
Title: Re: Actually stocks investing is only a side quest
Post by: Chao seng on Apr 24, 2024, 07:10 PM
It depends on how good you are in stock trading..and of course nothing is guaranteed.

Yes, it may not get u very rich but at least can live comfortably.

A lot of people failed because they are greedy and can't manage their emotion well. You need to have some sort of discipline n realistic plan when it comes to stock trading.


CheerS!!!😉

Title: Re: Actually stocks investing is only a side quest
Post by: jim889 on Apr 24, 2024, 07:16 PM
moi lost $$$, never going to invest in stocks

everytime increase capital, no of shares leeduce

 :frown:
Title: Re: Actually stocks investing is only a side quest
Post by: jim889 on Apr 24, 2024, 07:17 PM
Quote from: GhostZM on Apr 24, 2024, 07:10 PMIt depends on how good you are in stock trading..and of course nothing is guaranteed.

Yes, it may not get u very rich but at least can live comfortably.

A lot of people failed because they are greedy and can't manage their emotion well. You need to have some sort of discipline n realistic plan when it comes to stock trading.


CheerS!!!😉



yeah.. and need plan and  moi didnt exit plam :frown:

so when it raise 3x moi purchase price.. moi greedy didnt sell..  so now end up worht $0
Title: Re: Actually stocks investing is only a side quest
Post by: Chao seng on Apr 24, 2024, 07:20 PM
Quote from: jim889 on Apr 24, 2024, 07:17 PMyeah.. and need plan and  moi didnt exit plam :frown:

so when it raise 3x moi purchase price.. moi greedy didnt sell..  so now end up worht $0


Lol hope it was a valuable lesson learnt.


CheerS!!!😉
Title: Re: Actually stocks investing is only a side quest
Post by: Imboredtodeath on Apr 24, 2024, 07:23 PM
Quote from: jim889 on Apr 24, 2024, 07:17 PMyeah.. and need plan and  moi didnt exit plam :frown:

so when it raise 3x moi purchase price.. moi greedy didnt sell..  so now end up worht $0


thats why lor whoever say wont have black swan event

i look at SPY also worry, can sustain forever? coz ah when robots replace all of us then what for need so many tech companies liao........

just my pov as a stock newbie
Title: Re: Actually stocks investing is only a side quest
Post by: jim889 on Apr 24, 2024, 07:27 PM
Quote from: GhostZM on Apr 24, 2024, 07:20 PMLol hope it was a valuable lesson learnt.


CheerS!!!😉

lessen is dont buy shares
 :frown:
Title: Re: Actually stocks investing is only a side quest
Post by: Chao seng on Apr 24, 2024, 07:28 PM
Quote from: jim889 on Apr 24, 2024, 07:27 PMlessen is dont buy shares
 :frown:


Oh well..it's your choice ;)


CheerS!!!😉
Title: Re: Actually stocks investing is only a side quest
Post by: jim889 on Apr 24, 2024, 07:30 PM
Quote from: GhostZM on Apr 24, 2024, 07:28 PMOh well..it's your choice ;)


CheerS!!!😉

ya moi try other investment / passive income
moi nose good at shares

chiu good chiu can continue
 :frown:
Title: Re: Actually stocks investing is only a side quest
Post by: Chao seng on Apr 24, 2024, 07:32 PM
Quote from: jim889 on Apr 24, 2024, 07:30 PMya moi try other investment / passive income
moi nose good at shares

chiu good chiu can continue
 :frown:

I'm getting way better than I first started..I hope to reach true consistency soon.


CheerS!!!😉
Title: Re: Actually stocks investing is only a side quest
Post by: jim889 on Apr 24, 2024, 07:33 PM
Quote from: GhostZM on Apr 24, 2024, 07:32 PMI'm getting way better than I first started..I hope to reach true consistency soon.


CheerS!!!😉

你真厉害! :flash:
Title: Re: Actually stocks investing is only a side quest
Post by: Imboredtodeath on Apr 24, 2024, 07:50 PM
Quote from: jim889 on Apr 24, 2024, 07:27 PMlessen is dont buy shares
 :frown:


maybe u have more luck in biz?
Title: Re: Actually stocks investing is only a side quest
Post by: jim889 on Apr 24, 2024, 07:52 PM
Quote from: default on Apr 24, 2024, 07:50 PMmaybe u have more luck in biz?

moi no luck in biz.. prefer to be salaryman..

if in biz.. hand stop. income stop.. salaryman still get income even ph/sick etc
 :frown:
Title: Re: Actually stocks investing is only a side quest
Post by: needsomeadvice on Apr 24, 2024, 08:48 PM
yea those gen z thinking about fire and retiring early actually is hao xiao one  :s13:
Title: Re: Actually stocks investing is only a side quest
Post by: needsomeadvice on Apr 24, 2024, 08:49 PM
Quote from: jim889 on Apr 24, 2024, 07:52 PMmoi no luck in biz.. prefer to be salaryman..

if in biz.. hand stop. income stop.. salaryman still get income even ph/sick etc
 :frown:

business acherly very shag, day and night also need to think of money... celery man only need to worry about it from 9-5
Title: Re: Actually stocks investing is only a side quest
Post by: jim889 on Apr 24, 2024, 08:59 PM
Quote from: needsomeadvice on Apr 24, 2024, 08:49 PMbusiness acherly very shag, day and night also need to think of money... celery man only need to worry about it from 9-5

ya jsut follow boss order nia..
 :frown:
Title: Re: Actually stocks investing is only a side quest
Post by: Imboredtodeath on Apr 24, 2024, 09:53 PM
Quote from: needsomeadvice on Apr 24, 2024, 08:49 PMbusiness acherly very shag, day and night also need to think of money... celery man only need to worry about it from 9-5

This one i agreee. Upsides and downsides a lot. For every successful biz theres another many that dont do well. Last time got say dunno only 1 in 3 succeed, as in sustainable for many yrs
Title: Re: Actually stocks investing is only a side quest
Post by: Imboredtodeath on Apr 24, 2024, 09:55 PM
Quote from: jim889 on Apr 24, 2024, 08:59 PMya jsut follow boss order nia..
 :frown:


But the truth is also 工字不出头
Title: Re: Actually stocks investing is only a side quest
Post by: jim889 on Apr 24, 2024, 09:56 PM
Quote from: default on Apr 24, 2024, 09:55 PMBut the truth is also 工字不出头

quite true the best is to be celery man and have a business on the side
 :frown:
Title: Re: Actually stocks investing is only a side quest
Post by: drdoof on Apr 25, 2024, 02:40 PM
Side quest for the capitalist, gambling for the celeryman
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