How Do You Profit from the PanicThose that sell during these emotional panics and STAY OUT OF THE GAME will be the BIGGEST LOSERS. Those that do nothing will be the BIGGEST LOSERS. Those that hold onto stocks of LOUSY COMPANIES will never see them ever recover. Smart investors who buy the stocks of the RIGHT COMPANIES and AT THE RIGHT TIME will have the greatest opportunity to make huge profits when the markets recover.
To make your fortune from this market crash, you have to know'
1) How to choose stocks of high quality companies that will be the first to rebound when the market recovers?
2) Which markets to invest in and which to avoid. US? China? Hong Kong? Jakarta? Malaysia?
3) When is the safest time to get back in?
Be Responsible for Your Own Financial DestinyI feel the most sorry for the elderly and the uneducated. They will be the ones who suffer the most in recessions and stock market crashes. However, if you are someone who is educated, you owe it to yourself to
financially educate yourself. You have no excuse to lose money and to not make huge profits for yourself. I started teaching money skills 7 years ago because I feel it isn't fair that only 10% of the population gets to become rich. I feel that it isn't fair that the
knowledge of money and investing lies in the hands of a few. All of us deserve to be rich and successful. However, it is up to you to take action and help yourself first.
When you can help yourself, be sure to help the elderly and the uneducated with your donation of time, money and knowledge. They need to be helped as well.
Taken from Adam Khoo's Blog.
Yes, I read Adam Khoo's Secret of Millionaire Investors about 4 years ago. Many of things stucked in my head as his book is very good. Yes, I was reading it but could not really understand much then as I was too UN-educated. Losing money in market is almost a certainty. I knew that, of coz. But, nothing comes easy ... learn and try ... and fail ... and try again. It is education that I treasured.
We took 3-5 years for our degree, some may take another few years to obtain their Master/PhD. Seriously ... think about it. WHY most of us treat investing/trading as if it is EASY? I can guarantee you that is it NOTHING but easy. Dont believe those get-rick quick scheme or courses claiming how much you could profit from markets. THINK ... I mean, use BRAIN.
Recent minor market crash is what I need to show many what markets could do to our portfolios or our stocks ... WHAT have you done? Are you the person panic selling or are you the person who sold a week earlier and happily collecting many many good stocks at VERY much lower price? THINK ...
The above is from Adam Khoo. If you dont even heard of his name, I believe you do not read much. START reading ... start do something with yourself. NO ONE could help you if you do not even bother to do ANYTHING much for yourself, yet you STILL want to be in the game. It doesnt work that way. Do I sound desperate to tell everyone's ... it is loser's game? We are at the mercy of the market and it is almost certain we will lose money ... due to our own ignorance and greed.
I think you have read enough and some still licking on their wounds. I do not take pleasure seeing many losing in market due to last week crash. That is still a minor-crash. Wait till you experience the 1997 or 2008 crash. Then , you could understand WHY market is NOT a place to profit or earn some money. In longer run, you will lose. I will lose too. We all are playing a loser's game, so we will lose.
If you are a real novice/newbies, I do advise that ... DO NOT try going into market unless you are willing to lose. If losing is too painful for you, seriously ... market is not for you. I am trying to be polite here, ok?
It is not easy to 'sustain' the pressure of markets and the info-overload. We could easily be confused.
"When you can help yourself, be sure to help the elderly and the uneducated with your donation of time, money and knowledge"
I am answering my sifu, Adam Khoo's call. As I could help myself now, I m hoping to help those elderly - those aunties/uncles who are still losing A LOT of money(otherwise, tell me why so many of them attended Chart Nexus courses paying thousands ... to learn TECHNICAL ANALYSIS?). Also, I am here trying to help those NOVICES/NEWBIES .. these are the UN-educated ones who lost and believe that market is the place to earn money(gosh ... who told u that? They lied).
Yup, by making my TIME available to teach these elderly and un-educated, I hope I have created a platform for many to learn simple basics BEFORE they move into markets, expecting NOT to lose money. yes, it is donation of time, money and knowledge.
Guess I am always an educator in heart. Hope I could really guide those came to me well.
thanks.
TEH
ybs999
Indeed you shld be blessed for having such gallant gestures towards the less fortunate.
2011-08-18 09:59