demoralised
was quite demoralising these few days.
not sure what the issue but it seems that subprime mortage is the current trend now.
the subprime may have effect on banks but it means that property are slightly overpriced. property buyers should be careful when give quotation. banks having problems collecting their debts. on the whole, bank with no money is a big issue.
currently, its 1 of accountants' most hated period - 2nd quarter reporting. reports are released during late july - mid aug. on the whole, everybody is doing well.
we have capitaland, keppelcorp breaking records. apple and MS are also doing fine. then suddenly some mortage lenders and banks start saying they got problems with loans. the other suddenly is the whole world market index went down 10% within 3 weeks.
its easy for index to go up but the price of individual shares to go up.
some 20% of my unrealised profit had been wiped off. on top of that another 10% of capital also said bye bye. i had waited for abt 3 mths to for the 20% and its suppose to be my tw capital. now its all gone.
i been wondering if 'uncle' investors know how to play or not. some could see the trend of sell down and start throwing their holdings.
A share was priced $3.00, now only worth $2.60. Tat's 13%!!!
should one sell now to minimise loss or should u start buying. decide yourself
guess i cant take the pressure as such i went down with flu. hahaa. bye... go c doc liao
not sure what the issue but it seems that subprime mortage is the current trend now.
the subprime may have effect on banks but it means that property are slightly overpriced. property buyers should be careful when give quotation. banks having problems collecting their debts. on the whole, bank with no money is a big issue.
currently, its 1 of accountants' most hated period - 2nd quarter reporting. reports are released during late july - mid aug. on the whole, everybody is doing well.
we have capitaland, keppelcorp breaking records. apple and MS are also doing fine. then suddenly some mortage lenders and banks start saying they got problems with loans. the other suddenly is the whole world market index went down 10% within 3 weeks.
its easy for index to go up but the price of individual shares to go up.
some 20% of my unrealised profit had been wiped off. on top of that another 10% of capital also said bye bye. i had waited for abt 3 mths to for the 20% and its suppose to be my tw capital. now its all gone.
i been wondering if 'uncle' investors know how to play or not. some could see the trend of sell down and start throwing their holdings.
A share was priced $3.00, now only worth $2.60. Tat's 13%!!!
should one sell now to minimise loss or should u start buying. decide yourself
guess i cant take the pressure as such i went down with flu. hahaa. bye... go c doc liao
posted by Kongming at
10:21 am
2 Comments:
actually i quite envy u lor - cos u seems to follow market quite closely. i am supposed to also - cos i am doing accounting for my company's investment-linked products. but i simply no interest leh. if only these products are hairpcs then i thk i will be very alert... haa..xj
there are companies listed recently selling handbags, interested? i think its Travelite.
Post a Comment
Subscribe to Post Comments [Atom]
<< Home