View Single Post
  #20  
Old 21st November 2010, 05:39 PM
iPunter iPunter is offline
Member
 
Join Date: Nov 2010
Posts: 13
Default

Quote:
Originally Posted by TheSchmile
Hi ipunter,

Alcohol and investing on horse racing don't mix.

The Schmile

!!!!!!!

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
Reply With Quote