What Can We Learn From Fishing - Pond and Shore Fishing???
Uncle8888 has done Pond fishing only once and no more. He loves Shore fishing. He also avoids doing Boat fishing as it will become an expensive fishing hobby for him.
In Pond fishing, we will know that there will be fish at anytime as the pond operator will release enough fish at designated timing to ensure that there will be fish in the water. So it is like investing in S-REITs or dividend income stocks of high dividend payout ratio of 80% or more.
How about Shore fishing?
We will never know there are fish around there or not. Most of the time, we may wait for so long but catch nothing. So it is like catching Growth-dividend stocks?
Life of fisherman is tough!
Patience may not worth a cent!
Sianz!
It's quite clear that you are very disappointed with the unexpected upswing and was looking so forward for a major crash. Is the upswing sustainable or just a dead cat bounce?
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ReplyDeleteThats y i keep emphasing like a broken tape recorder the benefits of creating a portfolio which produces dividends every mth. Just keep on buying even mth as they come in regardless of up down.
ReplyDeleteCash flow. Cash flow. Cash flow. Go with the flow and relax somewhere. LOL!
DeleteYeah. Why bother with things that no one has the answers to? Play cash flow game, the flow gets more n more, regardless of principle sum fluctuations.
DeleteN Doesnt stop even when the owner dies...ie it can be given to the next generation.
Both need patient and discipline.
ReplyDeleteShore fishing need lots of patience and must be able to take disappointment of emptiness feeling.
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