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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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, 29 June 2016

In Long Term Investing, What Do You Mean You Have A Plan?



In the past few days; we may have read about blog posts mentioning that they have a plan to react to market actions.

Do they mean execution of stop losses according to what they have in mind previously?



心静如高山不动 <---- a="" not="" plan="" strong="">





2 comments:

  1. Some mountains can be active volcanoes ones.

    i always think even if i have all the resources that can afford me to wait for it to happen, do i have the psyche?
    Don't think so, i have.
    i just kenna the Brexit effect leh!
    Ouch!

    ReplyDelete
  2. CW,

    If planning for "Brexit", ideally the plan should have been formulated months ago - you did say long term planning right?

    But if the "How to profit from Brexit" plans come AFTER Brexit, isn't this reacting?

    I'm pleasantly bemused ;)

    ReplyDelete

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