How and when to buy stocks is not the most difficult part?

Just For Thinking ....

Temperament7 July 2012 10:05:00 GMT+08:00:
commented:

".. ...  But when you first started investing in Keppel Corp, i don't think you can see that far. When did you start to see that far and why? Please ignore my questions if you don't like to answer."

The answer is obviously No, No, No!!!  There is absolutely no way for anyone to know the future.


Uncle8888 believe that how and when to buy stocks is never the most difficult part. We will have no problem in learning and acquiring knowledge and methods either FA, TA or combination of both FA and TA to buy stocks from many different sources and even free sources like NLB and Google.

Uncle8888 strongly believe the most difficult part is overcome the mindset that is deeply rooted in most of us i.e. scare to lose WINNING money back to the market!!!!

Most of us can easily sit on LOSING positions i.e. sunken costs for many years. Some may even hold these sunken costs to their grave.

The most difficult part is holding on to winning positions and overcoming the emotion of fear of losing more and more winning money back to the falling markets across market cycles.

Read? Investing Made Simple by Uncle8888 (16)


What is Right and Hold?

When the stock market is falling and you are giving winning money back to the stock market. Is this still Right and Hold???

May be we can learn something from the World's greatest investor in our time ...

“To invest successfully over a lifetime does not require stratospheric IQ, unusual business insight, or inside information. What’s needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework” -  Warren Buffett, World’s greatest investor

BTW, on the side note

A $10,000 investment in Berkshire Hathaway in 1964 was worth $80M at the end of 2009.