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.

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Wednesday 17 February 2010

Make a mistake on stock and it is like a cancer?

Someone commented: "Make a mistake on stock and it is like a cancer...it will suck you slowly."

If it is true that stock is somehow cancer-like, then diversification of stocks across sectors in your portfolio will help to reduce the cancer rate and prevent getting suck too often.

     One stock: Probability of getting a cancerous stock: 0 - 100%
   Two stocks: Probability of getting a cancerous stock: 25 - 50%
Three stocks: Probability of getting a cancerous stock: 11.1 - 33.3%
Posted by Createwealth8888 at 13:12
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1 comment:

  1. Dou17 February 2010 at 22:41:00 GMT+8

    Totally agreed on this point. Golden rule: Nv put all ur egg into 1 basket haha

    ReplyDelete

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