I wrote two posts recently about my investment mistakes and some mistakes that I nearly made. I guess that as one grows older and has a longer time spent in investing, one will certainly make some mistakes here and there.
The next mistake I will like to highlight it a mistake that can perhaps only be described as ..... sheer craziness.
There is perhaps this unspoken dream amongst investors to find that ten bagger stock - the stock investment that will return your investment capital by ten-fold. That is an alluring argument since most investors start off with a small capital base and to multiply your returns with a 5 to 10% returns seems almost meaningless. After all, a 10% return on a $1000 investment is only $100 in profits. Yes, we all know about the effects of compounding. But in the Singapore stock market, most stocks don't make 10% year ......