Missing in Action
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So, I was missing in action for a few months because of a new job. But this
new job takes a toll on me, on my life, my mental state of health and takes
awa...
4 hours ago
Sunday, 2 September 2012
Investors. Know at least Pareto's Principle
Pareto Principle ~ “20% of the effort generates 80% of the results.”
Market Timing vs. Time in Market???
Fundamental vs. Technical Analysis?
Short-term Trading vs. Long-term Investing???
For long-term investors, we should be observing Pareto's Principle.
80% patiently waiting for Market Timing and then spend 80% Time in Market with 20% of our effort will generate 80% of the results.
And then we spend another 80% market timing for next cycle.
Read? More articles on Laws
Uncle8888 took more than 12 years to finally understand these Laws!!!
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Good morning Uncle CW.
ReplyDeleteThanks for the timely reminder of the 80-20 rules, I agree that it works in my working life. Still learning how it will apply to my own passive income route.
Cheers & double huat ah.