In my previous blog posts, I have been sharing my experience with multi-baggers. In this blog post, I will share my experience with those stocks that resulted in wipe-outs and write-offs, in the hope of avoiding the next wipe-out or write-off. Wipe-outs refer to stocks whose companies went bankrupt or were delisted with no exit offers, while write-offs refer to stocks, which although still listed on the Singapore Exchange (SGX), had declined substantially from my buying price and were written off. In my 16 years of experience investing with my own money, I have a total of 3 wipe-outs and 8 write-offs. The list of 11 wipe-outs and write-offs are shown in the table below. Note that some of the stocks written off actually recovered somewhat in price, which I promptly sold off to the next better player. This is what La Papillion affectionately called "salted fish turned over (咸鱼翻身 ...