
21st November 2010, 05:39 PM
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Member
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Join Date: Nov 2010
Posts: 13
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Quote:
Originally Posted by TheSchmile
Hi ipunter,
Alcohol and investing on horse racing don't mix.
The Schmile
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!!!!!!!
Awe bummer, that's just thrown my entire drunken pin the tail on the horsey system then! :P
Thanks for the link, I'll check it out. I am (And freely admit to it) gambling a little at the moment, you're advise on no investmenst till I have a grip on things is very solid advise, however for me I know I can trust myself with a few small wagers here & there (Proven systems with a little return for my pocket money) as I feel it keeps my interest for the long haul. Whilst "gambling" tiny amounts & seeing some winners & losers it gives me a bit of hands on experience without breaking my eventual investment bank. If you saw the amount of spread sheet formulas & various folders full of tests I've done in my short time I think you'd agree I don't fit the form of a total mug just yet.
In all honesty its been a very daunting task for me to learn the numbers involved as my math is pretty poor. I have been fortunate enough to have been forced (through work) to learn a few basic computer skills which are helping me to stay focused on the bottom line of all this effort. Whilst it may take me 28 attempts to create a simple excel formula at least I can do it & doing that means I do get a taste of how bad things could get if I let my head go on the investment side of things. Forcast calculations certainly can be heartbreaking when you watch something you thought was a good thing slowly degrade into a pile of horrible red numbers.
So I'll do my best to keep a level head & wear down this deficit of experience in the meantime. Cheers
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