Read? How to become rich in stocks??? (21)
To become rich in stocks!
Many of us are still waiting for Mr. Fat Bear. Right?
Not only market timing matters.
We will need at least two Rights.
1. Right Timing
2. Right Growth-dividend stocks
See for yourself. It is self-explanatory.
No free lunch even for those have the patience to wait. Right?
Got homework to do?
Posts
CW,
ReplyDeleteI keep asking myself where's the rain?
Homework done already. Funds set aside (like you). Just waiting for the other shoe to drop.
Meanwhile, I guess I'll have to satisfy myself with small buy-the-dip swing trades to keep me awake.
OK, time to bring out the laundry again.
LOL!
No chance to pass up homework.
DeleteTeacher is on long maternal leave?
hee hee
Stays in the sideline too long is not a healthy thing; one will eventually become too pessimistic and could shakes up one's confidence very badly
ReplyDeleteMoney Honey,
DeleteI can't speak for CW, but taking profit is not the same as having cash from 2009 till today ;)
Having some cash (realised profits) simply means we are happy when market goes up (less greedy and maybe it has to do with age - I don't have the need to benchmark with others); and when market goes down, we are equally sanguine as it's back to putting money to work all over again - round X!
For those who are 100% vested, it's only a one way street to play ;)
When it's sunny then go out and have fun. But must remember to get into the shelter from time to time. Too much sun no good for skin. A little of greed is okay but too much then it's bad. Need to have an exit selling price and remember to lock-in profit.
DeleteWhen it starts to drizzle, then starts taking out your pail to collect water. Use the collected water to clean windows, wash car, etc etc. Must wait for rain as drizzle is too much hassle? l can already set out to complete my chores of washing the toilet or cleaning the windows from pails of water l have collected from the drizzle. Drizzle water is good enough but most are greedy for the rain still. Waiting for the rain to come and sit idle then possibly nothing gets done.
I am not sure now so I am staying neutral with 50-50 odd against me.
ReplyDeleteNot greedy and not fearful. Become waiter and watcher.
Buffett’s View – Cash as a Call
ReplyDeleteWarren Buffett views cash as a perpetual call option, according to his biographer Alice Schroeder in her tome “The Snowball: Warren Buffett and the Business of Life.” Schroeder says that one of the most important things she learned from many years of studying Buffett and his holding company, Berkshire Hathaway, is that he perceives cash as a call option with no expiration date or strike price. “No expiration date” alludes to Buffett’s patience as a long-term investor, since he is quite content with waiting for the right opportunity to come along. “No strike price” implies that Buffett generally does not publicly specify a price level for a stock or index at which he would be willing to invest. Instead, he tends to invest at levels where he is confident of adding shareholder value.
NB:-
i think i must have some spare cash standby for any investment.