Small Time Investor with a minimum capital and tiny knowledge.

My interest in share investment increased back in 2008 when most of my close friends getting crazy about investing, During that year my life commitment wasn't as much as these recent years so I have some little extra money to invest in share market. Most of my lifetime saving I would put in my ASB account which is a very secure and considerably giving a good return. But I couldn't resist to join the club because of the fun and challenge in growing money by my own effort. Without a tiny knowledge in investment, I had withdrawn some of my ASB money and make the first purchase of share which is K*M. A very hot shares during that time. Moreover one of my friend said he got tips from his friend which is a very reliable source that this stock will jump.  

My first investment mistakes; Greedy and over-ambitious
With about in a month, this stock had raised 20cents. By end of the year I had gone up to RM1? 100% increase from my purchase price (50cents). I was very happy that i had doubled my money in less than a year. Worth than waiting for a year got get my return in ASB. 100% compared to 7%.crazy.. For a wise investor, they might already sold it and multiply the money. As for me, greediness and over-ambitious had dominate all. Instead of 100% return, why can i wait for 200%, 300% or 1000% return. Since I foolishly believe that this stock gonna give me a huge return, I decide to hold an wait for my dream to come. As most of my friends already enjoyed the gain they make from this stocks, I waited and waited until a year plus until one gloomy day this stocks had some issue which resulting the share price plunged like a matured durians. My expected return which originally from 100% had slowly decreased to 70%, 20 % until I loss -30%. I have done nothing and instead waiting and hoping it will come up again. I just keep this to my self without telling to my friend to avoid being embarrassed of not joining them making profit. There's one time that the stock consolidated 4:1. So my number of shares reduces but increase the value. That exercise had brought up this stock value to 30% on my return. At that time,  I again doing nothing until it dropped drastically. So, as at today, my loss stood at -150% . I wanted to average it down but, it's not just worthily to done so.
I am now just hoping it will rise again to at least get my capital back. I can conclude myself as greedy at the wrong place and wrong time.