though i might have procrastinated yet again,it's because i was busy slacking away my time.
Alright, during cny, i met up my cousin who's a banker over with some bank. He mentioned to me he is no longer the one giving loans, rather the banker who gets people to invest with him.
I am like, interesting, tell me more about your invesments. And he mentioned about the market doing badly, only a handful is willing to invest, but the type of investment he mentioned wasnt investment in my eyes. It's more of speculating what the market would be like in the future. Its like you put in 20k with the banker, he invest for u, he loses that amount of money, the client comes up with another 40k to play, so on and so forth.
Totally doesnt make sense to me, as he seen people losing and failing before. so why do more idiots come forth to lose more money to the market? Or is it simply human nature to just want to gamble and make the next bet...
1 comment:
Speculating investment are relatively high risk. and u need know what u are investing in. the company, the funds, the stocks, previous performance before you can consider, without much concrete material and facts, never go into a investment irregard the risk is high or low
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