Friday, 11 March 2016
Read? What Happen To Our Investment Portfolio After Us???
When we are Lao Jiao in the stock market; we can ride the price volatility in our investment portfolio like nothing has happened. But can our successor to our investment portfolio behave like us in the stock market?
Can he go and tell Auntie8888 that Warren Buffet said ..
Price Volatility is not risk.
Risk is permanent loss of capital.
When our investment portfolio reaches certain level; the daily price movement or volatility in portfolio may be damaging or scary to untested investing mind.
May go into depression. Right? Especially in the Land of Retirement.