Read? Late for stock investing as the path to financial independence (2)
Read? Believing Bullshit!
One belief and some luck.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros
After 12 years in the stock market, the best winning stake is in Sep 2011!
Poor money management and foolish thinking in 2007!
Uncle8888 is not going to undo his 12 years of investing lessons.
Doing nothing, collecting cash flow, salting cash and building up war chest is an action too.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." ~ George Soros
In investing, account size really matters!
Moral of the Story
Fat Bear comes. Do you have fat wallet?
Posts
Oh yes, account size definately matter.
ReplyDeleteIMO, I think is about time to prepare opportunity cash to take advantage when the bear come.
There will be many "Return of the King" stocks to pick. Low hanging fruits and easy money.