Read? 7 Money Secrets from ex-editor of The Business Times, Mano Sabnani
It is possible to succeed as an investor or trader, but I believe it is much better to be an investor.
This has always been a contentious point – investing vs trading. Investing is usually defined as having a long-term horizon while using fundamental analysis as a core investing approach. Trading on the other hand often refers to short-term, higher frequency of entries and exits from the markets.
Traders rely mainly on technical analysis or chart reading to make their decisions.
Having been on both sides of the spectrum, I can tell you that my experience and results showed that it is easier to be an investor than a trader. I have achieved far better results as an investor.
I have also observed more successful investors than traders in my past decade of interaction with market participants. Successful investors probably outnumbered the successful traders 5:1. Maybe I have a biased sample but it doesn’t stop you from observing your circle and verifying if this is accurate.
CW8888:
Uncle8888's experience in short-term trading and long-term investing since Jan 2000 i.e. over 19 years is ...
As long-term retail investors; we just need to be lucky and be right at right time with the right position to enjoy long term success with yearly harvest for next decades!
Uncle8888 has taken back 100% of his own capital out of the stock market to protect himself from drastic drawdown in the next Bear and he still have yearly cash flow from the stock market without having to do anything more to receive it.
He is expecting to receive about 7.5% yield on own capital in 2019.
Relax and still have money coming in
How to be lucky?
個人破產呈請創五個月新高 許正宇:先觀察再決定是否需採取措施
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破產管理署早前公布,上月個人破產呈請783宗,按月升近兩成一,亦是自去年11月以來的新高;強制公司清盤呈請,上月有69宗、按月升三成。財經事務及庫務局局長許正宇今(27日)接受電台訪問時提到,破產呈請上升,涉及多個因素,會先觀察一段時間,再決定是否需要採取相關措施。許正宇稱,破產呈請數目增加,涉及多個因素,可能有...
29 minutes ago
See the difference between trading and investing for portfolio or account income?
ReplyDeleteHmmm whenever I hear his name, I'm reminded of the personal finance lesson about sabotaging one's career/job.
ReplyDeleteNo doubt he stuck to his principles, but paid dearly for it. Luckily(?) it happened late in his career & he probably made his money by then. But still a cautionary tale.
Too active during office hours on investing or trading is career limiting move. Don't ever think that Wall has no ears and your bosses not awarea
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