Tencent bounces back: What to know about China’s tech giant
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About Tencent (SGX: HTCD): A Global Leader in Digital Services Established
in 1998, Tencent has become one of the most recognised companies in China
and ...
2 hours ago
CW,
ReplyDeleteAfter 20 years, those who choose "craftsmanship" path will be their own shepherd. Maybe even land owner. But the road is definitely NOT EASY! Some will fail miserably too...
Its not the path for those who believe in anyone and everyone! Just ask those CPIS investors who lost money using CPF to invest :(
Those who choose the "sugar daddy will take care of me" route, well, after 20 years, they will be still asking, "What stocks to buy huh?" or "At this price can buy?" Its 1st year experience times 20. No personal growth when it comes to financial acumen :(
But then, its hard to "lose" money since its "savings" - not "investing" ;)
Except maybe must pray hard there's no regime change, moving of goal posts, and/or run away inflation...
Fully agreed. It is "craftsmanship" path and will years across market cycles to learn it.
DeleteSomething like this quote: “Do. Or do not. There is no try.”
Ah Gong enforces 35% rule for asset allocation for riskier asset; it is really part of money and risk management. After mortgage loan if using CPF OA; for many of us, CPFIS is not a large war chest.