Something must have got into me.
It has been at least 7 years since I last bought shares.
On Monday, I called the broker can bought 2 Lots SIA Shares. That totalled to almost 35K.
I did not sell the 2 lots on that day as I was greedy I was hoping it will rise further. No, it did not.
I told Lem on Monday night that I bought shares and he sounded very worried for me as he dun want me to lose money. He asked me to sell it as soon as possible since I have no physical cash to hold the shares. Playing contra is a very dangerous way in Shares trading.
The next morning, I sold the shares at $17.60 per unit. That was $0.20 more than what I bought. I did not lose any money in this case.
I think I will only buy when the market crashes in end September.
May Buddha help me.
Thursday, August 23, 2007
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