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18-05-2013, 10:06 AM
(This post was last modified: 18-05-2013, 10:08 AM by Temperament.)
Stop ‘playing’ the stock market
Commentary: Investing isn’t a game, no matter how easy it looks
By Chuck Jaffe, MarketWatch
The stock market’s record highs seem to have some people convinced that investing is child’s play.
The Stock Market Game can raise investing awareness, but it can also encourage gambling, as students need to take chances to rise to the top of the heap.
If you are interested, go and read the rest in MarketWatch. i think it's worth a read for parents teaching their children about investing in the stock markets. And of course for myself lah! Ha! Ha!
Commentary: Investing isn’t a game, no matter how easy it looks
By Chuck Jaffe, MarketWatch
The stock market’s record highs seem to have some people convinced that investing is child’s play.
The Stock Market Game can raise investing awareness, but it can also encourage gambling, as students need to take chances to rise to the top of the heap.
If you are interested, go and read the rest in MarketWatch. i think it's worth a read for parents teaching their children about investing in the stock markets. And of course for myself lah! Ha! Ha!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.