tag:blogger.com,1999:blog-1602023866179666640.post8807981337489977356..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Multibaggers and Compounding - Their differencesCreatewealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1602023866179666640.post-85709617464822676912009-09-09T16:18:49.264+08:002009-09-09T16:18:49.264+08:00From 1961 to 2008, the average inflation rate is a...From 1961 to 2008, the average inflation rate is about 2.7% so the targetted ROC is about 5-7%.Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-37330960628501359092009-09-09T12:51:23.772+08:002009-09-09T12:51:23.772+08:00Hi CW8888,
I think the real problem is in classif...Hi CW8888,<br /><br />I think the real problem is in classifying what category a stock is.<br /><br />For example, during the Oct'08 to Mar'09 phase, even stocks like Keppel Land were in penny stock status, not to mention stocks like Ho Bee which was down to 28 or 29 cents.<br /><br />Looking at it now, in hindsight, one should have picked up Ho Bee, but at that time, it was not an obvious choice.<br /><br />Multi-bagger hunting is a very risk-fraught pursuit, and chances are 9 out of 10 one would fail.<br /><br />Realistically, one can at best hope to beat inflation by a couple of percentage points, if one is very good at it.<br /><br />Just my two cents worth.<br /><br />Regards<br /><br />VAnonymousnoreply@blogger.com