Wall St fell by over 770 points last night, the biggest one day fall ever (by points).
Has the CRASH finally arrived?
We are NOT quite there yet.
But make sure you have your CASH ready and Set your Buying Targets.
With Patience comes Great Reward.
Just look at Warren Buffet, buying a 10% stake in a HK listed firm (http://www.aastock.com/, stock no. 1211) last week. He did not buy it when its price was over HK$19 in Oct 07, but bought it last week at around HK$8 (i.e. when it fell by over 57%). The share price rose by, at one point, over 90% when it resumed trading yesterday!
The rise and fall in some blue chips had been amusing. 45% drop in one day for Lehman. 60-80% drop a week for AIA, Washington Mutual etc. Anyone has any doubt about what I have suggested all along?
Buy ONLY when it's Dead Cheap!
Be another Warren Buffet (he bought Goldman Sach at a good price too!)
Cheers
Fate
Be Patient. Be A Big Winner
Tuesday, September 30, 2008
Monday, September 29, 2008
Why Writing This Blog?
The 1st time I heard of the word "Blog" was back in July 2007, when I was writing a post in http://www.baby-kingdom.com/, titled "The Secrets of Losing Millions" under the name of "Fate", using my previous painful investment experiences to remind new investors to be Extremely Cautious as I believed the Greatest Crash was coming.
(Link : http://forum.baby-kingdom.com/viewthread.php?tid=1028811&extra=page%3D1)
A BK parent at the time suggested me to write a Blog, so that I would not be disrupted by a few attention seekers, arguing for the sake of arguing. I did NOT take action then.
Then this July, I had a friend (known from the above BK site) suggesting to me to write a Blog, so that I could help more innocent investors, as she believed my prediction of the Greatest Crash is finally approaching. I did NOT taken action then.
Until today, I saw a Blog's of a husband of another friend I made through the above BK website. It was strange but funny to see my E Mail titled "The Greatest Depression 2008/9?" sent to my friends all over the world being published in someone else's Blog!
So, I think it's about time me writing my Own Blog, sharing with others the Secrets of Life, reminding all there are NO Secrets in Life - BE KIND THEN EVERYTHING COMES TO YOU, by sharing with others my Life Experience, first, The Secrets of Losing Millions, then The Secrets of Making Millions and then of course, the Secrets of Life.
Cheers
Fate
Everyone Deserves a Gooood Beginning
(Link : http://forum.baby-kingdom.com/viewthread.php?tid=1028811&extra=page%3D1)
A BK parent at the time suggested me to write a Blog, so that I would not be disrupted by a few attention seekers, arguing for the sake of arguing. I did NOT take action then.
Then this July, I had a friend (known from the above BK site) suggesting to me to write a Blog, so that I could help more innocent investors, as she believed my prediction of the Greatest Crash is finally approaching. I did NOT taken action then.
Until today, I saw a Blog's of a husband of another friend I made through the above BK website. It was strange but funny to see my E Mail titled "The Greatest Depression 2008/9?" sent to my friends all over the world being published in someone else's Blog!
So, I think it's about time me writing my Own Blog, sharing with others the Secrets of Life, reminding all there are NO Secrets in Life - BE KIND THEN EVERYTHING COMES TO YOU, by sharing with others my Life Experience, first, The Secrets of Losing Millions, then The Secrets of Making Millions and then of course, the Secrets of Life.
Cheers
Fate
Everyone Deserves a Gooood Beginning
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