Eratat Lifestyle

newbiestock wrote: botak, besides Eratat, i still hold NeraTel and Cambridge.

NeraTel - bought middle of last year and still holding. No plans to sell nor add any yet.

Cambridge- bought and hold since late 2009.

As for rest of stocks, hv exited, including Lee Metal and Kingsmen Creative.

for neratel and cambridge, not much to really talk abt unlike Eratat... haha.

Kinda busy lately so not much time to trade or to research for new stocks to invest..

observer2 wrote: Hi, Relaxing & Greenrookie,
Thanks for sharing your experiences. Many people I know, and myself, have also gone through similar experiences. The questions that many of us used to ask were – It is so easy to make money in the stock market, just buy low and sell high; how was it that we still lose back all our money AT THE END OF THE DAY? How could this happen and why we never learn from our past mistakes?

The answer is that the market is irrational. It has the habit of fooling us every now and then. Hence, we need to also understand market behavior as well as market participants’ (like ourselves) behavior so as to lessen the chances of being fooled again. As a simple illustration, our STI used to follow diligently Dow’s movement but now and then it decided to chart its own path fooling many who believed it would continue to be doing so.
When the market is at the start of a long bullish trend (only once in a long while), investors do not require much skills or qualifications to make money. Hence, almost all investors would make money easily and become complacent. When the market continues its ascend to the top, the downside risks keep increasing and the upside potential percentage gains decreasing. As all good things must eventually come to an end, investors who get caught with high-end purchases are likely to suffer huge losses especially when the inevitable or an unexpected event surfaced with the market going into a big plunge. This pattern is being repeated over and over and accounted for many smart people losing money at the end of the day.

A useful reminder for many of us is –
“FOOL ME ONCE, SHAME ON YOU
FOOL ME TWICE, SHAME ON ME”

davidkie wrote: hi newbiestock,

any good news from today briefing?