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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

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Wednesday, 19 January 2011

3 bananas in the Morning and 4 in the Afternoon (2)

Just for Laugh ...



Read? 3 bananas in the Morning and 4 in the Afternoon

Uncle8888 explained his version of the moral of story ..

I guess you know who are the monkeys?

Mr. Market is the Zoo Keeper.

Why are you so upset when you only receive 3 bananas in the Morning?

What is your goal in the market?

  1. Trading for an income to put food on the table?
  2. Investing to build up wealth for your retirement, kid's University fund etc when you are in the 30s or 40s?
When you are trading for an income to put food on the table, it is quite naturally to get upset of having only 3 bananas in the Morning as you are unlikely to have enough bananas to feed your family.

But, when you are building up wealth, it is a different story. You should be focusing how many bananas you may be getting in the EVENING.

Mr Market may be giving you only 3 bananas in the Morning, and don't get so UPSET but be PATIENT!

Soon Mr. Market may decide to give you more than 3 bananas in the Afternoon; and by the Evening you may even have more bananas than you have thought.

Get it?
Posted by Createwealth8888 at 09:11
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