Thursday, February 2, 2012

Stop Loss

Have just returned from a cruise trip to phuket n Penang.

After a few days on the cruise with all the free meals, I've piled on some kilos but unfortunately lost some money on the casino table.

Since the start of the dragon year my money luck has not been so good n according to my Chinese zodiac I should b more careful with my finances this year. So better b safe than sorry so I must mind my financial matters strongly this year.

Having said that I stopped playing at the ship casino immediately when I lost money n told myself that losing less is like winning since I get to keep my money .

However my observation on the cruise is that there are many aunties n uncles who lost their entire cash during the trip n even ended up having to tear open their ang pow money to place a stake. This is what I called compulsive addiction to gambling. Unfortunately the temptation is high n that's why the likes of mbs n genting r reaping obscene profits from these people.

Gambling should just remain as a form of entertainment n not to b indulged in. There must be a stop loss just like investing when u tell yourself that it's time to stop gambling when u have lost certain set amount.

U must b in control of your senses n faculty n know when to retreat. Heard that some old aunties n uncles have lost their homes n its a pity that they become depressed n desolate due to such addiction .

Its fine to entertain ourselves with a bit of harmless gambling at home during the festive season but don't fall into the trap of excessive gambling.

Have fun but learn to stop loss when it's time.

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