I am prepared to work in the farm when there is great depression,I will rear some chickens n cows for meat n milk.I will make some cheese n yogurt from its milk n plant some vegetables n potatoes.Then make some coconut oil for frying my food.Breed my own fish n prawns in my own ponds n still can survive well.
Marriage is not in my mind right now as I believe the end of the wicked system is coming n I will have ample opportunities to choose the right husband in the paradise earth.We will grow younger n younger until we reach prefect youth n have children in the paradise earth.That time I will have plenty of food n time to enjoy my life withy beloved ones.Psalm 37:9,10.
Mark Twain mentioned the two times in life when one shouldn't speculate: "when you can't afford it, and when you can!".
Speculators buy in the hopes or assumptions that others will want to buy the same asset (be it a painting, a baseball card, or a stock) later.
Investors buy the cash flow the investment returns to its owner. (As such, a painting can never be an investment by this definition!)
Stock Market Bubbles
Bubbles in the stock market form due to faulty logic that first propels speculators to bid up prices followed by the inevitable bursting which destroys the wealth of many.
What determines whether an investor will make money in the market or not?
The answer is his psychological make-up.
If he does his own stock analysis and views the prices offered by Mr. Market as an opportunity to buy low and sell high, he will do fine.
If Mr. Market's offering prices guide the investor's outlook of what the stock price should be, he should get someone else to manage his money!
Market fluctuations
Most market fluctuations are the result of day-to-day distortions between supply and demand of particular stocks, not of changes in fundamentals.
Investors who take advantage of these distortions by focusing on the fundamentals will be successful.
Those who invest with their emotions are sure to fail in the long-run.
If it is a falling knife it is better not to touch it at all because the economic cycle is at the last leg which is moving towards a recession where most stocks are falling knives.
So far I only bought back 200 shares... I was originally holding 1,000 at a cost of 6.775 since 2013(after averaging down in '15 & '16)...So overall I'm still profitable on this counter =)
I sold mine at RM16-18 end of last year and never bought back even after it dropped below RM6, coz I don't believe it will up till RM42, as recommended by a fake guru, hahaha...
>>>>JerryG I sold mine at RM16-18 end of last year and never bought back even after it dropped below RM6, coz I don't believe it will up till RM42, as recommended by a fake guru, hahaha... 21/10/2018 15:35<<<<
Perhaps, raider bought your shares. He was overjoyed buying at those prices since his intrinsic value for Hengyuan was so much higher.
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....
CyrusQ
2,058 posts
Posted by CyrusQ > 2018-10-10 15:21 | Report Abuse
https://www.zerohedge.com/news/2018-10-08/ron-paul-warns-50-stock-market-decline-comingand-theres-no-way-stop-it