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save malaysia!
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Stock Pick Contest Year 2024
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save malaysia!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
john doe
749 posts
Posted by john doe > 2017-03-01 21:54 | Report Abuse
Personally, i don't agree "For a newbie, it’s mandatory to make a portfolio for about 10 to 12 companies in order to buy best stocks."
- Depends on how rich is that beginner??
- Most common scenario for beginner: Diversification did bring risk reduction but hardly wealth intensification (as chances are they counterbalanced each other). And when a market goes for major correction, no stock can escape.
- I think max 5 at 1 time is the best and always use the EXTRA money. Otherwise, systematic cut loss and self-discipline are the 1st things to learn.