I'm not getting it. To much confusion lately. World markets fall to pieces because of the American housing situation but the DOW is up. SIM is suppose to be at R12 but trade at R5-40. There are now work in Knysna, but B & G buy dubble story houses. GFI - only one which live up to expectations. Wanna know why I am closing my account ? (which SFM can not do until Hanz remove those forking dead bodies !!)
CE, raad vir jou. Hierdie is die tyd om meer as 50% *****ant te hê, met dit wat jy hou nie "geared" instrumente nie, maar goeie aandele, en dan vat jy jou 4X4 na 'n ver plek met geen TV en geen selfoon vir omtrent 2 weke.
Hi CE. I have been researching the market for 1 hour per day for the past 3 years. I have made more money than I have lost, but including my time, I have lost money. Plus the worry (at the moment). Plus the fact that every cent I have put into my own business has returned 10x the investment within 2 years. And I can spend that one hour a day working on my business or private life or whatever. Perhaps I am lucky to have my own business; and I know exactly what is happening with it! Even with my research, the markets aren't behaving the way the experts say its meant to (I know this never happens, but even if they are 75% accurate I am happy). I note that the few experts on this forum are either entirely in cash or almost entirely in cash. I don't know what will happen when the USDX goes below 80. I don't know what happens when the Chinese bubble bursts. I don't know what happens when the Japanese/US interest rate spreads start closing. I know what's supposed to happen, but in the past month all these experts have been proved wrong and in fact one of them said in his monthly newsletter which I pay for that even he doesn't know what will happen anymore.
I don't care what anybody say, this is not easy. I understand now what people mean when they say you can be wipped out a few times. There is no other way but to go by "trial and error", only way to learn. I am old and stupid / wise enough to realize that I have to back off, re think what and how I want to do it and come back with a totally different attetude / strategy. It is stupid to carry on with the same "attetude, plan, strategy or what ever one wants to call it. Must say, I am in e-mail contact with Chartist and his willingness to help is amaizing and I respect his knowlage. (no Brazen, I am not going to get a room)I still have my equity account that I have for the last 15 odd years, I'm talking instuments which I started trading since December 06.
CE. I am being learning my own lesson about this market. I am actually happy that i am exposured to this market. If i entered when the bull market was really active. i would have develop a false sense of arrogance /confident only to make errors/mistake at a later stage. So after this baptism of fire is over (Brazen), all impurities will be gone and the gold within me will shine.
CE you are absolutly right. The best investment you can make is in yourself and your business. you have my email drop me a line now and again. one last thing there are no experts in this field or on this forum, just those who make a noise and those that don't.
Sure J. I have a new PC, please give it to me again. Experts, sure, what I am saying (and you also did) was that Chartist bring a lot to this forum, interesting stuff indeed. (maybe the 3 of us can get a room - what you think Brazin ?)