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
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Hi CW,
ReplyDeleteWhile I agree the game must continue and dun give up, but it do take more than just effort/hardwork. It need some deep soul searching also.
Sometimes we also have to ask if the stock market is really suitable for us? It's just like some people are just not the cut to be businessman. They start a biz, lose money, re-start again, fail again n it repeat! Maybe sometimes it's better to be just an employee and do it step by step! Or some people is better with property or work?
Find what is suitable for urself! The problems of today can just be the media/blogosphere portrayed that stock market can be the quickest way to earn money and be FI. This is the biggest fallacy that most misunderstood!
Fully agreed! If one cannot see their net worth swing wildly up and down across market cycles; it is better to focus on earned income and higher saving rate as we don't lose BACK our earned income to our bosses during bad times. What we have earned we will keep for ourselves!
DeleteIn fact, I have known a few colleagues who don't want to invest but they are great savers! They can save enough to last through their retirement life with their lower spending rate.
DeleteTotally agree. Save to retirement, old school but what's the problem? Nothing wrong!
ReplyDeleteWhichever they feel most comfortable and happy.
Maybe if some of ur saver colleagues start aggressively investing in stocks, they may never retire and become not only slaves of work but slaves of stock market... lagi worst!
seem like talking about me.
Deleteslaves for stock market.
It's a individualistic mind games where the Market. The one with the calmest and strongest mind survives. Coupled with a method that suits you.
ReplyDeleteNowadays got this thing known as SSB for great savers! Why invest?
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