Cognizancemind #1.1

So, after the long and super profound and simple and wise guy talk on Mistake #1. What had I done to prevent the stupid mistakes from happening again ??

More mistakes and every mistake made a deep cut in me till now I can very wary of every recommendations made to me. Having said that, not bad for people to recommend me counter to invest in because that will save me time to screen the market for gems and golds. What I do now is to check the Singapore market performance and the US market performance to get a feel of what the big boys are doing.

Of course the other part of Mistake #1 is to invet in knowledge. So I had attended several paid and free classes to gear myself up. And most of the time after the class a question came into my mind...."So simple !!! " - my experimental results were, follow and you made smaller lost and if you do not follow, you made BIGGER lost.

Below are a few of the course worth looking into :
(all can found from the cheapest resource - The Strait Times)

1. T3B Systems - seminar course - Singapore Market
2. Trading For a Living - 6 months course - Options Focus
3. Profit Strategies - seminar course - Elliot Wave - Any market
4. Wealth Mentors - Options Focus

Heard but never attended the preview:

1. Optionetics - seminar course - Options Focus
2. TMT Chart - seminar course - TA Focus
3. Asia Chart - seminar course - TA Focus

And my favourite : Chartnexus (TA focus course)

You can also joins SIAS and they will send you update on upcoming courses and a reasonable price. So go goole or yahoo the above mention courses and join their FREE preview class for more information. T&C applies for them though.

Mistake #1 - What is Investment ??

Come on... this is a simple question for everyone... IT IS TO MAKE MONEY OUT OF MONEY !!!! True but how ?? At what risk level ?? What kind of investment tools ??

You may have visited other investment web sites or people mentioning that this company is doing well, that unit trust has potential, this country is blooming, that region is fantastic. "AAA" rating, call to "buy", call to "hold", call to "sell", call to "accumulate". The information are true but do you really understand how they come to those conclusions and the entry date and exit date for those recommendation ?? (They will never said that unless you are a ROYAL & HEAVY DUTY customer of theirs.) To be the truth, I do not and I am still trying to learn on that.

So mine answer for Mistake #1 is... ... ... Your brain ...Your knowledge ...

People tend to be stingy on a $1K - $2K short courses on investment but they are generous enough to throw in $5K - $10K into a "GREAT" advice from someone on a "POTENTIAL" shares, stocks, unit trust, options what so ever without even blinking their eyes. I was one of the guilty many. Therefore, those advices started my portfolio of "Long Term Investment".

Conclusion, unless you know someone influential and powerful, god bless you, you may want to share the TIPS with me. If not, please attend a course to understand what people are doing and how people behave to get your insurance before investing. Or if you have already started investing, not harm attending these courses to earn more.

A newbie on the blog

Wow...I discovered I made a lot of spelling mistakes here and there. Now it is also time for me to pick up my written english as well. I will be putting on my lessons learnt soon, once I got an idea to present.

The Begining

I made mistakes in the financial world of shares and stocks.
However, I am also starting to learn from my mistakes and the losses I made.

An Introduction

I am here but I am not ready.
I will be prepared...