Just had a simple talk on investment strategy with my second brother last weekend. We talked about his early investment route that cost him more than 10k loses. He stepped into Klse right before the 2008 Great Depression and got out of control when he chose to buy cheap warrant stocks. At that time, I still haven't start my investment since still study in university.
Cheap plus warrant is simply the fastest way to lose money. Warrant is just issue for certain time and one who buy this must be ready to exercise it. Although I had invested in stock market for more than two years, I still haven't confident with warrant so I choose not to touch it. My brother could have avoid such loses if he did not buy something he not clear with.
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