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.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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Wednesday, 7 December 2011

Ride motor-bike risky? No risk, no risk, no risk

Read? Minimise risk by picking the rider who is more likely be cautious

I was asking my married colleague who have young kids why he is still riding motor-bike?

It is common folks wisdom that riding on motor-bike that does not support by itself on two wheels is a dangerous act to perform on the road. Most of the time, motor-bike riders got killed not due to their own mistakes but due to other road users' mistakes. My colleague replied that he is very careful and confident; and he thinks that he handles his bike well and feel safe. One can feel safe  but that doesn't really take away any risks. Absolutely nothing!

Same as investing in stocks. There are some common folks wisdom on risks like speculating heavily on S-chips; investing heavily into one counter or one sector, or using highly leveraged instruments to speculate to become rich faster. So are you motor-bike rider in the stock market?
Posted by Createwealth8888 at 22:02
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1 comment:

  1. Cory21 August 2012 at 15:08:00 GMT+8

    Looks like i am. But occasionally i will dabble in Car and Lorry. :P

    ReplyDelete

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