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!!!
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.