Posted by EngineeringProfit > 2020-02-09 13:32 | Report Abuse

8,000 years ago in ancient Babylon: FIVE LAWS OF GOLD (money).....


......oldest, wise and practical

Posted by EngineeringProfit > 2020-02-09 13:34 | Report Abuse

Old is gold

Posted by EngineeringProfit > 2020-02-09 13:36 | Report Abuse

The Third Law of Gold. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.[15]
Arkad's advice here is similar the Fourth Cure, which is about being patient and having a long-term view.

The Fourth Law of Gold. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.[15]
Arkad's advice here is about investing in what you know about and understand.

The Fifth Law of Gold. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment
Arkad's advice here is about avoiding get-rich-quick or very aggressive wealth creation strategies

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart) > 2020-02-09 15:23 | Report Abuse

The Fifth Law of Gold. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.


Arkad's advice here is about avoiding get-rich-quick or very aggressive wealth creation strategies

Posted by stockraider > 2020-02-09 16:18 | Report Abuse

U FLEE FOR WHAT LEH ??

WHY U NO LARI DLADY AT RM 66 AND PADINI RM 6 LEH ??

DISHONEST 3iii CAKAP MANYAK PANLAI MAH....!!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart) > Feb 9, 2020 3:27 PM | Report Abuse

The Fifth Law of Gold. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.


Arkad's advice here is about avoiding get-rich-quick or very aggressive wealth creation strategies

Posted by calvintaneng > 2020-02-09 16:25 | Report Abuse

LOL!!!

Look at these words

"romantic desires in investment."

Love dlady till it turned into holland grandma

IN LIFE WE SHOULD BE ABLE TO LOVE SPOUSE FAITHFULLY

BUT NOT IN INVESTMENTS!

WE CANNOT FALL IN LOVE WITH ANY STOCK. ESPECIALLY WHEN A STOCK IS SO OVERVALUED LIKE DLADY AT RM76.00 WE MUST SELL

Posted by EngineeringProfit > 2020-02-09 19:34 | Report Abuse

The Fourth Law of Gold. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.[15]
Arkad's advice here is about investing in what you know about and understand.

The Fifth Law of Gold. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment
Arkad's advice here is about avoiding get-rich-quick or very aggressive wealth creation strategies

The message of these last two laws will seem remarkably profound looking in the rearview mirror of the last few years. The 3-year Bear Market from the end of the 1st quarter 2000 through the 1st quarter 2003 is the most recent historical demonstration of the consequence of not following them. During the period leading up to the Bear Market (1995-1999), the number of advisors, market gurus and so-called experts who were thought to be "wise" was huge.

For those who convinced themselves that we were in a "new economy" - or - thought technology and telecommunications stocks were the key to riches without risk - or - followed and believed the oft-tainted and sometimes completely bogus recommendations from the stock brokerage industry's analysts¬ - or - generally abandoned rational thought and understanding about the inescapable relationship between risk and return - their "gold" has "slippeth away".

These are great words because they are so extremely profound, particularly the terms, "tricksters" and "schemers". Have you heard of any of these in the news over the last few years? Can you say Enron, Tyco, and Global Crossing. How about Arthur Anderson, or as occurred in 2003, millions of dollars in fines assessed against the largest stock brokerage houses for the incestuous relationship between recommendations from their analysts and their underwriting and investment banking efforts.

You have, no doubt, heard about the after hours and improper trading at some firms which was uncovered in 2003 as well. These activities have resulted in fines of millions of dollars and a breakdown in trust with a number of so-called "professional managers".

Did you know, for example, that it is possible for a company with lagging performance to stop marketing themselves and simply disappear into the ether as if they never existed – or – lost investors money. The procedure goes like this: The assets of a poor performing investment are simply folded into another similar more successful investment and the performance of the "dog" investment simply goes away. A future investor may have no way of knowing how bad a money manager was, even though that person (or persons) may be managing the new investment as well. (In the investment world parlance, this is known as survivorship bias.)

All of this could have been - and more importantly - can be - avoided by learning and living the principles espoused over 8,000 years ago

Posted by calvintaneng > 2020-02-09 19:42 | Report Abuse

The very best investment advise comes from these great Teachers

1. The Intelligent Investor
By Ben Graham

This book is indispensable for true value investors


2. One Up on Wall Street
Peter Lynch

3. Beating the street
Or beating wall street by Peter Lynch

4. Mastering the Cyclicals

Billionaire Howard Marks

Understand this you won't miss Ogse bull run and now the Nfcp bull run

5. Margin of safety
Seth Klarman. Another successful billionaire investor