Read? Trading for Income or Active Investing for Wealth?
Having to Be Right
As a trader, you have to be right most of the time in the future in order to make money from trading and stop losing your trading capital. Past performance is no gurantee of future trading success.
But, as a long-term investor, once we have been right, we will recover our investing capital over time through dividends. Past performance is an indication of future cash flow.
See the difference in having to be right!
Picking the right stock to be right is tough and having to be right most of the time is even tougher.
杜拜也水浸 世紀暴雨恒常化 – 香港經濟日報 – 趨勢 – 趨勢分析 – 國際
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杜拜水浸受到國際傳媒鋪天蓋地報道,之所以如此矚目,相信因為情況罕見、反常,就好比新加坡落雪,是極少在當地出現的氣候現象。乾旱如杜拜也出現洪水級暴雨,引發廣發水浸,可見全球暖化的可怕之處,很多城市都未準
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