zenaudio wrote:Jadis, I also noticed that my LPs have been my best investments, ROI-wise. The ones I bought from boytoy and recordmogul 5 years ago have more than doubled in price, judging from the latest Hi-Fi show and even in the vinyl traps... I mean, vinyl swaps.
jadis wrote:And you know why the index hit 7000? Because I wasn't in there.
I was in there when it was toying at peaks of 3000+ and if I remember correctly, the 1997 property glut in Thailand came, and the Asian currency crises followed, and the crash of the markets worldwide ensued as well. I was out of the country then, and when I returned home, saw the local papers and my stocks were like fraction of my buying price. So, 'stuck market' applies here well, Nes.
I'm not technically adept at charts of analysis but in my observation, the market is as good as the next crash. And it's like earthquake and tsunami, hard to predict.
And when a major crash happens, people tell me that that's the best time to buy. But I never did. My gut is not that strong. I just stock up on Clair Marlo LPs na lang.
sumnerbrowne wrote:jadis wrote:And you know why the index hit 7000? Because I wasn't in there.
I was in there when it was toying at peaks of 3000+ and if I remember correctly, the 1997 property glut in Thailand came, and the Asian currency crises followed, and the crash of the markets worldwide ensued as well. I was out of the country then, and when I returned home, saw the local papers and my stocks were like fraction of my buying price. So, 'stuck market' applies here well, Nes.
I'm not technically adept at charts of analysis but in my observation, the market is as good as the next crash. And it's like earthquake and tsunami, hard to predict.
And when a major crash happens, people tell me that that's the best time to buy. But I never did. My gut is not that strong. I just stock up on Clair Marlo LPs na lang.
Cool! Philip,are you about to let go of a Clair Marlo anytime soon?
jadis wrote:And when a major crash happens, people tell me that that's the best time to buy. But I never did. My gut is not that strong. I just stock up on Clair Marlo LPs na lang.
JackD201 wrote:
Phil, a long time ago I bought a stock that crashed. When I was asked if I wanted to sell it I said, iwan mo lang. In my mind I wrote it off. Lo' and behold. Bumalik din sa presyo 8 years later I guess number one rule is, don't panic. That is unless you think the company itself is going to shut down! Lahat naman ng negosyo sugal.
jadis wrote:sumnerbrowne wrote:jadis wrote:And you know why the index hit 7000? Because I wasn't in there.
I was in there when it was toying at peaks of 3000+ and if I remember correctly, the 1997 property glut in Thailand came, and the Asian currency crises followed, and the crash of the markets worldwide ensued as well. I was out of the country then, and when I returned home, saw the local papers and my stocks were like fraction of my buying price. So, 'stuck market' applies here well, Nes.
I'm not technically adept at charts of analysis but in my observation, the market is as good as the next crash. And it's like earthquake and tsunami, hard to predict.
And when a major crash happens, people tell me that that's the best time to buy. But I never did. My gut is not that strong. I just stock up on Clair Marlo LPs na lang.
Cool! Philip,are you about to let go of a Clair Marlo anytime soon?
Von,
The title is quite ominous (sometimes in the stock market there are tell-tale ominous signs as well but this hapless chap couldn't tell) that the title is 'Let It Go', so I let go about 7 copies already in the last few years, and all I got is my 'own'. Funny too, I let go of my stocks too many moons ago.
zenaudio wrote:Jadis, better stay out for the sake of those who are still in there, baka umabot pa ng 8,000 index.
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