Stocks is not a stable income because I also lose quite an amount of money [Facepalm] I still rely entirely on the main job and part-time job through physical labour and time; and keep most of the savings in fixed deposits. If I have a property in the future, I might rent it out as a side income (but I reckon it could only ease the mortgage burden but not making a profit)
In my case it's Malaysia stocks. The one that couldn't be recovered is a warrant, I don't have the heart to cut loss at that time, thus I could only see the price getting lower anxiously and ultimately expired worthless [Spurting] Another stock is called Serbadk, which I bought at RM1.8 and cut loss at RM0.795 when there was a huge scandal about the top management releasing false statements about their quarterly results, the company is now on the verge of delisting. From these lessons, I'm now more cautious (traumatized) and buy companies that I'm familiar with
"We used to look up at the sky and wonder at our place in the stars, now we just look down and worry about our place in the dirt." This is my favourite phrase from the movie Interstellar. I'm captivated by the space/time exploration and the emotional depth. The visual and soundtrack is breathtaking too!
@TigerEvents:【Events】Share Your Most Favorite Movies or TV Series
@TigerEvents:Hi TigersI would like to invite you to join Stock Chart Guessing Challenge. Please leave a message in the comment section of this post, and you will win Tiger coins.Look at the video below and identify the name and stock code of corresponding stocks. (i.e. $Tesla Motors(TSLA)$ )📢How to participate?Take a screenshot of the video above, and guess which company it belongs to? Feel free to post it in the comment section below!There are tons of coins waiting for you!🎁Event PrizesAll Tigers who leave a message in this post will receive 5 Tiger Coins.💰💰💰All Tiger who posts all the correct answers to our quizzes will receive other 5 Tiger Coins.The first and last Tiger who posts all the correct answers to our quizzes will be rewarded Tiger gifts 🎁🎁🎁.⏰Eve
Honestly, I'll utilize it on my needs before considering to do charity. First of all is to settle all my loans, keep part of the money in fixed deposits (low risk) and invest in stocks/mortgage (medium risk), and then fulfill my family's needs. I'll prefer to help out the community around me since I'm more familiar with their condition rather than strangers.
If you recognise this dragon then you are probably 80-90's kids, it's Shenron from Dragon Ball that grants wishes after gathering all 7 dragon balls! What would you wish for? Endless health and wealth ?