Read? Bacon and eggs - difference between committed and involved
SMOL asked:
Can you see the difference between being committed and involved?
The pig is committed, while the hen is involved.
Do you see parallels between the above story and you?
1) Your relationship?
2) Your business partner?
3) Your work place?
4) Your investing/trading journey?
In investing, how many retail investors are involved with their investing by getting their hands dirty and sometime bloody. Often, most retail investors forget that in the stock market there is no place for newbies and amateurs. Once you are in the market, you are expected to play like a pro.
I observe that even young retail investors in their 20s and 30s are likely to be involved rather than committed to their investing as they seen to have soft investing goals like receiving dividends and fighting inflation.
In your investing journey, you must get involved by getting your hands dirty and get committed to your harder long-term investing goals. But, at first, you may want to be more realistic by setting flat goals for the initial years and setting progressive goals over the later years.
So Get Involved and Get Committed too!
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2 hours ago
Thanks CW8888!
ReplyDeleteI like your take on my post on the investing/jouney part. It's so much more illuminating.
Your words have more power as you walk-the-talk!
Hi CW,
ReplyDeleteIn human's affair if you get involved but not committed you will surely "die" soon.
In stock market, you won't definitely last till the next change(cycle). And that's it.
That's why every newbie needs a "mentor"; Whether it's from a book or people like you. Ha! Ha!
In fact, I have been answering emails from readers who are keen to clarify pointers on investing related stuff as part of cyber knowledge sharing but I generally will ignore all requests for stock tips and views.
ReplyDeletehaha, this SMOL really stir up the "whole" investment community, what involve or commit. get everyone confuse.
ReplyDeleteof cos everything is best to be committed, but who got all the time?
but its the funniest week i had ever been.
haha, this SMOL really stir up the "whole" investment community, what involve or commit. get everyone confuse.
ReplyDeleteof cos everything is best to be committed, but who got all the time?
but its the funniest week i had ever been.
Hi CW,
ReplyDelete"but I generally will ignore all requests for stock tips and views. "
Well put. We can not treat the stock market like horse racing. i won't do the same even for my relatives. In the stock markets there is no sure thing. This, even WB will have to agreed.
This comment has been removed by the author.
ReplyDeletehaha, this SMOL really stir up the "whole" investment community, what involve or commit. get everyone confuse.
ReplyDeleteof cos everything is best to be committed, but who got all the time?
but its the funniest week i had ever been.
This comment has been removed by the author.
ReplyDeletehaha, this SMOL really stir up the "whole" investment community, what involve or commit. get everyone confuse.
ReplyDeleteof cos everything is best to be committed, but who got all the time?
but its the funniest week i had ever been.
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ReplyDelete