As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Friday, 1 January 2016

Entries/Exits and Goals???


Which fisherman's goal is not catch big fish?


To catch big fish, fisherman must understand high/low tide.

High/low is like Entry/Exit.

Low tide can catch big fish. Yes. But, we must be very lucky!

High tide can sure catch big fish? Yes. But wait long long! 

 Any high tide can catch big fish?

 Early morning and night high tide, better chance to catch big fish.

 Sometime, we will see other fishermen caught big fish but we catch none.

 No matter how. Every fishing trip. Catching big fish is always fisherman's goal!
 
Posted by Createwealth8888 at 20:24
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2 comments:

  1. CW,

    That's why we are opposite sides of the SAME coin ;)

    Some DIY investors set goals but look at their annual reviews:

    1) Why can hit goal? Market went up lor.

    2) Why miss goal? Market went down mah.


    Makes as much sense as a passive low cost investor setting goals on his annual investment returns.

    LOL!

    And I bet some will still not get it despite using this passive investing analogy ;)

    ReplyDelete

  2. Making money is in the waiting. - livermore. I waited for some time since last year, hope to wait some more.

    ReplyDelete

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