As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday, 10 September 2009

Use Your Common Sense In Investing?

Use your common sense in investing? When comes to investing your money, the GREED can overcome all your senses and common sense can go down to the drain. Just remember this: when someone promises you LOW RISK AND HIGH RETURN or GUARANTEE you GOOD RETURN.

There is no need even for common sense. You only need to remember Warren Buffet's No 1 Advice and then run quickly.

Warren Buffett, the man known as the "Oracle from Omaha" because of his history of successful investments, shared his top three pieces of advice for average Americans who want to grow their savings and keep their money safe.

Number one: "If it seems too good to be true, it probably is."

Number two: "Always look at how much the other guy is making if he is trying to sell you something."

Number three: Don't go into debt. "Stay away from leverage," he said. "Nobody ever goes broke that doesn't owe money."

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