I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



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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

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Value Investing
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Sunday 15 January 2012

Buy and hold??? Take a good look and seriously think over it.

Just for Thinking ....

Buy and hold???

The same old debate will start fresh once again whenever we have new investment bloggers on board.




Take a good look and seriously think over it.

The keys to long-term investing:
  1. Market timing.
  2. Pocket must be deep enough to buy enough of them on sales. ("It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros)
  3. Right and Hold.



5 comments:

  1. it looks like both. how do people differentiate?

    ReplyDelete
  2. How do people differentiate?

    Buy and Hold is easy. Many investors are doing it naturally. Don't believe? We can check around us and see how many people are sitting on big paper losses using Buy and Hold strategy.

    Something like this:

    Sitting on paper losses but collect dividends: Buy and Hold
    Sitting on paper gains and collect dividends: Right and Hold
    Sitting on paper losses but no dividends: Buy and Forget. Pls don't remind me.

    ReplyDelete
    Replies
    1. Hi CW,
      We are all certainly what you said one time or another, if we are market's survivors. But among the "BUY and Forgets", some of them have discovered they become millionaires after 20-30 years, when they remember. They are the real "BUY and Forgets" by accident.
      For me as you know i purposely "BUY & Forget" HP for almost 25-30 years, and i am still as poor. Maybe i should have done it by accident.(a different company like coca cola or IBM).
      “人 算 不 如 天 算”
      What can i do better? Life goes on. i still have to try to do better.

      Delete
  3. Right and hold. So hard to do. Uncle how to know when you are wrong?

    ReplyDelete
  4. After three consecutive months of not making any kopi money in Sep 20111, I knew I was wrong and stopped buying further. LOL

    ReplyDelete

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