快樂牛郎

39# 快樂牛郎


To me it's a bit difference...Lottery, besides I don't mind losing that $2, I hope to win BIG.
In stock market most people "MIND" the $ they put, and may not necessary want to win BIG ...
fibbi 發表於 2010/1/5 16:35

This brings up the topic of expectation.
All kinds of miserable stories that you have heard about the market are based on ill expectations.
It's best not to have any expectations, but it's difficult to do.

快樂牛郎

39# 快樂牛郎


To me it's a bit difference...Lottery, besides I don't mind losing that $2, I hope to win BIG.
In stock market most people "MIND" the $ they put, and may not necessary want to win BIG ...
fibbi 發表於 2010/1/5 16:35

The concept is the same, just with different probabilities.  By changing the probabilities you get the framework of almost all financial games we have.

fibbi

41# 快樂牛郎


x2.

Yeah, no expectation would be the best. This way a person can stay rational and objective.

blue20ae

How much interest do you get now?
peter236 發表於 2010-1-5 12:15

If you can't decide, try ING for now.  http://www.ingdirect.ca/muscle/index.html

They give 3% on saving account, no lock in.  You can always transfer out or buy stocks or MF later.

ACC-HE

If you can't decide, try ING for now.  http://www.ingdirect.ca/muscle/index.html

They give 3% on saving account, no lock in.  You can always transfer out or buy stocks or MF later.
blue20ae 發表於 2010-1-6 10:44

thx.. but...

*Rate as at January 1, 2010 and (like the weather) is subject to change.

lol... so once we're locked in, they'll lower it for sure.

快樂牛郎

Sometimes it's a pain to manage when you have a few K in this account, a few K in that account....

ACC-HE

Sometimes it's a pain to manage when you have a few K in this account, a few K in that account....
快樂牛郎 發表於 2010-1-6 12:18

... agree, that's why those greedy banks charge so much for investment account, 'cause they let you have all the $$$ in 1 place.

pkphilip

Investing in stock is better than leaving it in the bank earning close to nothing on interests. I just made $300 for investing USD$2k in AAV, taks less than 2 months. (I know.. I should not buy USD with CAD... too bad I did). With $2k in the bank, I don't even make $100 on interests alone.

To me, investing needs a strategy and a lot of researches. Before throwing your money in there, know how much risk you can take. Always have a back-up plan so you don't flip out when the stocks tank.

For starters, spend more time in the TSX Venture exchange, stocks there are quite cheap and managable.

Philip

快樂牛郎

Don't forget that you get excitement and adrenaline from stocks.  Term deposit is plain boring.

pkphilip

Yes.. I feel so bored without making a trade....

Philip