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Turn 10K to 2million in 20 Years (Buy & Hold)

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iPunter
    06-Dec-2006 09:02  
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Battles don't usually lead to that moment. The stock market is hardly the best route in the unending quest for the O.  :) 
 
 
ten4one
    06-Dec-2006 08:43  
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Battles are fun and they keep you 'battles-fit' so to speak. Every battle drives your adrenalin up and yearning for more - it is better than orgasm!

In a battle, it is not the number of losings or winnings. It is all about how big is your win when your got it right and likewise, your loss if you're wrong.And that makes the difference! Cheers!!!!!
 
 
iPunter
    05-Dec-2006 17:15  
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Of course... it's hedging.  :)
 

 
lg_6273
    05-Dec-2006 17:10  
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we already have this for certain share where u can use the put warrant to buy insurance in case the price drop
 
 
iPunter
    05-Dec-2006 17:03  
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Where are all the enterpreneurs? :)
 
 
IreneL
    05-Dec-2006 16:26  
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Someone might just come up, one day, with an insurance concept for all we know, now that there is an unexployability insurance cover.
 

 
sohguanh
    05-Dec-2006 14:33  
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Punting on stocks and concepts like double up are not unique to stock trading. Casino has double up concept too. And also buy insurance. Now does stock trading comes with buy insurance concept? Hehehehe....
 
 
IreneL
    05-Dec-2006 14:32  
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Hi billywows

Agree that once good stocks are pick, stick to them until you see its price zooms upwards.  Unfortunately sometimes we sell off too soon and thus make peanuts.
 
 
iPunter
    05-Dec-2006 14:22  
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Battle?  Oooooh... like this it's no fun, man. 

Everyday battle with the stock and chances of losing are still so high.

Like our friend "sohguanh" said, might as well go and bet in the casino.. it will be more fun.

But when you punt small, it can be fun, you see. And it's not so stressful. If you bet big for more chance to become rich , it's too stressful before your stock goes up. And when your stock goes up, you will want to double up.
 
 
cashiertan
    05-Dec-2006 14:12  
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dun think so. let it go profitable than say bah..
 

 
jensonlaw
    05-Dec-2006 14:05  
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Take a good look at Informatics, and it may be your answer to your million-dollar dream in a few years time, just like RE or AFP.
 
 
ten4one
    05-Dec-2006 14:01  
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It is not a question of whether you're rich or poor. Always tailor the clothes according to your size and feel comfortable accomodating it.

LOSE - treat it like any bad trades.

WIN - give yourself a pat.

The next day will be another new battle.......................... --------->>>>> and keep going ----------------------->>>>> cheers!!!!
 
 
iPunter
    05-Dec-2006 12:38  
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That's very true... but Soros is a giant punter- he punt 10 billion, he can make 2 billion only after few clicks then take profit. But we are different.  We are working people, small punter, we can't afford to punt big. To be safe, I alway remind myself I can't afford to punt like I am rich. So I just punt punt a little bit... win or lose, also just a bit. No nightmares, can still go $tarbucks and chit-chat with old buddies even if lost. :)
 
 
lg_6273
    05-Dec-2006 12:26  
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yes u got to be daring,. in sep 1992 soros bet $10 billion that the british pound would fall. first, he sold the Italian lira short, and it proceeded to devalue. then he made a similar move with respect to the british pound, assuming that it would decline against other currencies.

in a just 24-hour period he reaped $1 billion, and he eventually made $2 billion on the deal. this risk-taking approach earned him international acclaim as he came to be known as "the Man Who Broke the Bank of England."
 
 
iPunter
    05-Dec-2006 09:16  
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Very true very true... but you must remember when Soros punt and he loses, it is nothing to him because he is so rich. But when we punt, we must punt in a small way, so if we lose we still can go kopitiam, though not $tarbucks.
 

 
hohokit
    05-Dec-2006 09:10  
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'FREE SIZE FITS ALL' HAHA!!
 
 
ten4one
    05-Dec-2006 09:07  
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There're many Traders (incl Punters) who also made millions - one of them is Mr George Soros who 'punt' very heavy against the pounds and almost broke the Bank Of England.

In investing, there isn't such a thing as 'ONE SIZE FITS ALL' . BTW, on hindsight everything is possible and clear as crystal! Cheers!!!!!!!!!
 
 
cashiertan
    05-Dec-2006 08:54  
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well thats why value investing works. all style works just that u need to stick to it...
 
 
iPunter
    05-Dec-2006 08:48  
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Yes,  usually punters will not hold for a long period because they are punters and that is why punters can't become millionaires. They just punt and punt and punt... stock market punt, 4D punt, racetrack also punt.

But hope just be able to make some money so can go $tarbucks and relax a bit with buddies after a hard days toiling work  :).
 
 
cashiertan
    05-Dec-2006 08:40  
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btw raffles edu ipo is on jan or feb 2002..

this is what the ultimate reward for the lazy investors..

buy hold and become millionaire in just less than 4 yrs...
 
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