Sunday, 2 July 2017
Will History Repeat Itself???
In investing or trading; most of us are likely to be guided or steered by our own good and bad personal, family or close relatives investing or trading experience; and then we MAY remind ourselves what to avoid.
Generally; it is better to regret NOT making more then to feel sorry about losing it back all and more.
So Uncle8888 doing 守株待兔 as he is strong believer in market timing based on his own investing experience.
There are the same stock and corporation riding the market and economic cycle of Boom and Doom and the investment outcome year after year over past decade is drastically different.
It is NOT easy for him to escape from self-trapping into this investing bias.
So he may be foolish?
Will History repeat itself and allow him to pick up the next batch of multi-bagger yield stocks?
He is betting it by doing 守株待兔!
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Hohoho!!! Uncle8888 may not need to wait for long...
ReplyDelete30 yrs ago --- 1987 Black Monday crash
20 yrs ago --- 1997 start of AFC
10 yrs ago --- 1997 peak of previous bull & cracks appearing -- 2 big corrections in 1997 itself
Another fireworks soon to appear (other than the S$10M National Day one)???
Something may be brewing soon!!! Hahahaha!!!! Be prepared!!!
**Ooops --- I meant 2007 peak of prev bull...
Deleteanother 6 to 9 month wait
Delete