Sunday, 25 August 2013
Knowing is not enough!!! (2)
Just For Thinking ....
Read? Knowing is not enough!!!
After a few years in investing, many retail investors will have read enough, hear enough, see enough and know enough what to do with their capital.
But few of them actually do what they know.
How come?
Knowing is not enough?
Tell me how many of them actually commit themselves to written investment strategies, plan, short-term goals e.g. Yearly; and long-term goals e.g. 10-Year and watch over them diligently so they can revise their investment strategies to meet their long-term goals when their short-term goals seem at risks of meeting their long-term goals and objectives.
Some may think that keeping records of their investment is the same as tracking and measuring their investment performance.
It is not!!!
Read? Measuring investment performance
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