快樂牛郎

Very true! But make sure to put it in some kind of bank savings but not stock market, no matter how "safe" they claim, it's not sure win.
Ultraman 發表於 2009/12/2 15:36

and bank savings is sure win?  

Ultraman

and bank savings is sure win?  
快樂牛郎 發表於 2009-12-2 15:38

At least you won't lose your principal. Unless bank bankruptcy.

somewhereintime

Let my wife handles the payment

快樂牛郎

At least you won't lose your principal. Unless bank bankruptcy.
Ultraman 發表於 2009/12/2 16:53

北韓100圜變1圜

北韓周一突然宣佈即時實施貨幣改革，將 100舊圜兌為新幣 1圜後，在民間引起極大反彈，事關措施要把民眾的私藏資金逼出枱面，否則只會變成一堆廢紙，

peter236

good idea

I'd like to add:

put all these funds into some kinds of medium to long term investment, you will be rich sooner than you could imagine
Littleprince 發表於 2009-12-2 16:27

What type of investments can make you decent money?

Ultraman

北韓100圜變1圜

北韓周一突然宣佈即時實施貨幣改革，將 100舊圜兌為新幣 1圜後，在民間引起極大反彈，事關措施要把民眾的私藏資金逼出枱面，否則只會變成一堆廢紙， ...
快樂牛郎 發表於 2009-12-2 20:32

This is what I describe as rare situation. Do you expect HSBC, CIBC, BMO, ..... closed down in one night without any glue, or how accurate can you predict the fluctuation of stock market?
Or let me put it this way, putting money in a bank is safer than investing money in stock market. What do you think?

快樂牛郎

This is what I describe as rare situation. Do you expect HSBC, CIBC, BMO, ..... closed down in one night without any glue, or how accurate can you predict the fluctuation of stock market?
Or let me p ...
Ultraman 發表於 2009/12/2 22:43

agree, however

1) it's the rare events that hurt the most
2) greater risk = greater reward

and to add,

it's better to get hurt in the stock market
at least you fully anticipate it

it really hurts the most when u think your investment is very safe

think lehman in HK

Ultraman

Well, let's say, you "can" gain big money in stock market, also you "can" win big money in casino, both of them have no guaranty but may let you lose big money too. You won't expect big interest return for any banking savings, but the risk is way lower.

Another example, car accidents happen everyday, but plane crash isn't, yet once it happens it has a much bigger chance that a lot more people would be killed. This is what you called "rare events that hurt the most", which is very true. However, I would say since it rarely happens, I consider riding in a car is more risky than taking a plane.

And, I think Lehman was a financial service corporation/investment company but not an official bank. Am I correct?

Littleprince

What type of investments can make you decent money?
peter236 發表於 2009-12-2 21:42

甚麼是 decent money 的定義呀﹖ 100% 每年回報﹖ OR 200%﹖﹖

peter236

甚麼是 decent money 的定義呀﹖ 100% 每年回報﹖ OR 200%﹖﹖
Littleprince 發表於 2009-12-4 12:01

So what is your definition of "decent returns"? How much returns did you normally make?