As from April 2013 my Journey in Investing is 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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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, 20 October 2010

Good Part -Time Business To Own (2)

Read? Good Part -Time Business To Own

I don't understand why people can't accept my part-time business.

Is that woman selling fish at wet market doing a small business? Yes right!

Most people have no problem to identify that woman is doing a small business. She chooses her fish at the wholesale market and buys them at lower price and then sells her fish at higher price to her customers and pockets the differences as profits.

So is there any difference between my part-time business and that woman's fish business?

She buys it lower from wholesale and sells it higher to her customers while I buy it lower from the bears and sell it higher to the bulls. Any difference between her business and my part-time business? No right!

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