Latest Forum Topics / Others | Post Reply |
New Grad Lost $700k in 3 mths.
|
||||||||||
Sporeguy
Elite |
12-Mar-2007 22:53
|
|||||||||
x 0
x 0 Alert Admin |
Pls do not comment any more on death due to lost in Stock market. This will aggravate the situation. I am sure he will learnt from this expensive lesson. In 1997, we had to save a friend's friend who is a housewife across the island. We phoned SOS, could not get thro, in the end we called 995 (or 999). She had 1 or 2 tin of kerosene to burn her flat together with her 2 children (9 yrs old twins). The police and ambulance arrived on time and she was saved. Her husband paid as much as he could and divorced her. She was jailed for committing suicide. She is fine now working in a church. The story is too long, so I stop here. We do not want another death because of this tread. |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
lausk22
Veteran |
12-Mar-2007 22:42
|
|||||||||
x 0
x 0 Alert Admin |
If we go by teeth53's definition that is only 1 out of 10 people is a winner in trading shares, then most of us here should be losers. But correct me if I am wrong, most people here sound and talk like winners leh :) Then on a positive note, we may be all winners as this Fellowship is made up of plenty of Masters, Elites and Supremes:) | |||||||||
Useful To Me Not Useful To Me | ||||||||||
|
||||||||||
iPunter
Supreme |
12-Mar-2007 22:31
|
|||||||||
x 0
x 0 Alert Admin |
One can't really blame the father... After all, the son has proven to him that he is capable of making so much money in such a short time. How is he to know the deeper intricacies of the stock market? |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
moogee
Member |
12-Mar-2007 22:25
|
|||||||||
x 0
x 0 Alert Admin |
sad to read this, esp for the dad...sigh..this is a case of greed overcoming good reasoning. | |||||||||
Useful To Me Not Useful To Me | ||||||||||
iPunter
Supreme |
12-Mar-2007 22:23
|
|||||||||
x 0
x 0 Alert Admin |
Jessie... You are right... To make money in the stock market is already so difficult... To recover the big losses or breakeven is even more difficult. |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
|
||||||||||
wimmua
Member |
12-Mar-2007 22:23
|
|||||||||
x 0
x 0 Alert Admin |
It is certainly heartbreaking story. Equity is not just monopoly game (where you play imaginary figures). IMHO, the grads dives in and pulling others with him. In one second, he may be the hero. In another second, he may end his life. *sigh*....*sigh* |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
iPunter
Supreme |
12-Mar-2007 22:17
|
|||||||||
x 0
x 0 Alert Admin |
Dying is not a matter of cowardice... It is the hardest thing to do! |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
iPunter
Supreme |
12-Mar-2007 22:15
|
|||||||||
x 0
x 0 Alert Admin |
This kind of personal disaster should be classified under "Caused By Gambling". Anyone still remember this?... Bet big, lose big! |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
|
||||||||||
billywows
Elite |
12-Mar-2007 22:12
|
|||||||||
x 0
x 0 Alert Admin |
It also means BANKRUPTCY! Some cowards will commit suicide ....... *Sigh! | |||||||||
Useful To Me Not Useful To Me | ||||||||||
tuntan8888
Senior |
12-Mar-2007 22:10
|
|||||||||
x 0
x 0 Alert Admin |
This young man was talking to the Press, so he is not likely to end his life prematurely. But whether his old man can take it or not is another thing. Also for some others who hit the rock & are withdrawn they that are really at serious risk of suicide. So, In the coming weeks or months, when u hear of people jumping track, you know why.... |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
teeth53
Supreme |
12-Mar-2007 22:05
Yells: "don't learn through life, learn to grow with life " |
|||||||||
x 0
x 0 Alert Admin |
It mean old man got to down graded to 3 room flat. it mean young man got to clear his contra losses S320,000.00 it mean young man got to clear his S200,000.00 own to remiser. it mean pure gambling in this case and not pure investing..it mean...alot.. |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
iPunter
Supreme |
12-Mar-2007 21:51
|
|||||||||
x 0
x 0 Alert Admin |
Maybe it is good to just to always remember that many in the past have committed suicide because of their stock market activities. |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
|
||||||||||
sfthong
Member |
12-Mar-2007 21:47
|
|||||||||
x 0
x 0 Alert Admin |
so what is the learning experience, any experts can share. thks | |||||||||
Useful To Me Not Useful To Me | ||||||||||
teeth53
Supreme |
12-Mar-2007 21:44
Yells: "don't learn through life, learn to grow with life " |
|||||||||
x 0
x 0 Alert Admin |
For every one story told about losses, there are another 9 out there. 1 is to 10, oni one winner and 9 losser. another word old man retired $$$ oso gone liao. |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
jessie
Senior |
12-Mar-2007 21:41
|
|||||||||
x 0
x 0 Alert Admin |
For alot of people, even whole life time also cannot save or make this much of money.... | |||||||||
Useful To Me Not Useful To Me | ||||||||||
iPunter
Supreme |
12-Mar-2007 21:37
|
|||||||||
x 0
x 0 Alert Admin |
This case may only be the 'cream of the crop'... I believe there are definitely much more similar cases, though of lesser magnitude of loss than this one. |
|||||||||
Useful To Me Not Useful To Me | ||||||||||
billywows
Elite |
12-Mar-2007 21:29
|
|||||||||
x 0
x 0 Alert Admin |
WoW!!! .... Yes, I believe!!! Good lesson here! | |||||||||
Useful To Me Not Useful To Me | ||||||||||
ROI25per
Master |
12-Mar-2007 21:28
|
|||||||||
x 0
x 0 Alert Admin |
super expensive school fees... | |||||||||
Useful To Me Not Useful To Me | ||||||||||
tuntan8888
Senior |
12-Mar-2007 21:04
|
|||||||||
x 1
x 0 Alert Admin |
Believe It Or Not !
|
|||||||||
Useful To Me Not Useful To Me |