Read? How to verify "wah kali kong" advice
Proud declaration: I never practice cut-loss!
Verify: You got any 10 baggers in your portfolio before?
No? Walk away...
Smug face: I measure and track my portfolio right down to 2 decimal places.
Verify: Your portfolio in the red or black?
Red? Walk away...
Hmm ... poking at Uncle8888?
Have you verify?
So you walk away from here?
No 10 baggers!
Measure to two decimal places!
Ant: To be a millionaire, you need to work hard and save harder.
Verify: What! It is going to take a life time. Some more no one to verify. Walk away...
Verify: What! It is going to take a life time. Some more no one to verify. Walk away...
So you walk away fast?
It took a lifetime to do it. More than 39 years of earned income after tax and supplemented/accelerated by another more 16 years in our local stock market with just stocks and cash. No property or other alternative investment.
It took a lifetime to do it. More than 39 years of earned income after tax and supplemented/accelerated by another more 16 years in our local stock market with just stocks and cash. No property or other alternative investment.
Posts
CW,
ReplyDeleteLOL! People praising you lah!
This is like ink blots - you see what you want to see ;)
You focus on the top part; never finish reading the 2nd part. LOL!
1) No cut-loss. It's to show that we can practice NO cut-loss like Peter Lynch - just as long we also have 10 baggers in our portfolio to dilute out the losses. And that you have mah! (Or used to have. Wink.)
Quick! Show your powerpoint where your OUTSIZED winners are a lot more and bigger than your losers!
2. Track and measure down to 2 decimal places. You account in the black right? So what's wrong?
The real secret sauce is not the tracking and measurement of your portfolio. Its the reflection and what we do AFTER the reflection. You have said it - winning back not the same way we have lost ;)
The poke is to those who only knows how to track and measure but account is still red. If that person can't claw back into the black 7 years into the bull market, what's the point of tracking again?
Doing the same thing over and over again probably?
Eh! People praising you like no tomorrow. Tomorrow's coffee on me. But the next one on you!
Uncle
ReplyDeleteNot sure if just by working hard and saving harder and not investing for fear of the market will allow you to do want you what in your next journey.
Can leh. Unless one is great saver! Not everyone needs to invest. For those who are too worry over losing money and they are great saver. Why suffer for potential more wealth and less health?
Delete