Grand old investor and gambler??? (Refresh)

Read? Grand old investor and gambler???



Saturday, 19 January 2013

Tonight, I happened to sit beside one 80+ Grand Old Uncle who has been investing and gambling in the market on stocks, Forex, Gold and Crude oil since his younger days at a Dinner reception.

To him, you are either holding (investing) stocks for yield and over long run you won't lose money or you are gambling in stocks, Forex, Gold or Crude oil. When you gamble, you must know how to run fast; otherwise, you will get killed!


No yield = Gambling???

What do you think?

This 80+ speculator and investor has lived through the different markets long enough to share his thought.

Continuous cash flow (may NOT be stable) from our investment portfolio as baseline and then we may add some trading P/L as supplementary.

We can achieve both in short-term trading and long-term investing. 

Not clapping with two hands then what?