losses
its a sad news but my dear Jeremy had made a worst decision in his life (i think). its worse than marrying a wrong woman and get divorce. Worse than finding wrong job.
(女子怕嫁错浪,男子怕路错行)
he bought a share and is unable to sell it within T+3 day. (we are allowed to contra within this period) he's cursing why no one wanna buy...
if he sold @ T+3, at most, he made a loss of 400 of brokeage.
as he got no money to pay, he had to sell it at a loss of 10k + brokeage of 300
however, he missed the dateline. now he waiting for sgx statement showing how much he had to pay. But i expecting a loss of abt 12k+ due to force sell...
its a painful lesson.
10k leh! at least 8mth salary (less cpf)!
to lose 10k, it will wipe out my wife capital completely! (ps: i had sold my wife capital)
e heaviest loss i had is 3k loss in 1 transaction. over the past few yrs, my P/L stated that without that wife capital gain, i virtually gain nothing except dividends.
Stupid right... its like not investing at all lor... dividend gain also not much abt 1k only
chum... i still got 1 kiv for contra not done yet! hope to escape with $100 profit
silly right... risk 10k for a $100 profit... but that y contra is abt
(女子怕嫁错浪,男子怕路错行)
he bought a share and is unable to sell it within T+3 day. (we are allowed to contra within this period) he's cursing why no one wanna buy...
if he sold @ T+3, at most, he made a loss of 400 of brokeage.
as he got no money to pay, he had to sell it at a loss of 10k + brokeage of 300
however, he missed the dateline. now he waiting for sgx statement showing how much he had to pay. But i expecting a loss of abt 12k+ due to force sell...
its a painful lesson.
10k leh! at least 8mth salary (less cpf)!
to lose 10k, it will wipe out my wife capital completely! (ps: i had sold my wife capital)
e heaviest loss i had is 3k loss in 1 transaction. over the past few yrs, my P/L stated that without that wife capital gain, i virtually gain nothing except dividends.
Stupid right... its like not investing at all lor... dividend gain also not much abt 1k only
chum... i still got 1 kiv for contra not done yet! hope to escape with $100 profit
silly right... risk 10k for a $100 profit... but that y contra is abt
1 Comments:
some find contra easy $.. some housewifives use this to earn daily allowances. xj
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