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Sumiko Tan is greedy

Ripley

Alfrescian
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Home > Breaking News > Singapore > Story
Oct 17, 2009
Stock take <!--10 min-->
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Instead of taking profits, Sumiko Tan holds on to the shares in hope that the price will go up further, only to see the price fall back. --ST PHOTO: TERENCE TAN
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WHAT do you do when you have a pay cut? How do you make up for lost income? In the case of Sumiko Tan, she has been dabbling in the buying and selling of shares. She notes that she lacks timing, luck, guts, patience and the diligence to do research on the stocks she wants to buy. She says that she can be too caught up with the lofty ambition of making more money. Instead of taking profits, she holds on to the shares in hope that the price will go up further, only to see the price fall back.

Read the full report in The Sunday Times.
 
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