This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
If auntie has hold on to her DBS; her yield now is 16%. Hindsight wisdom. :-(
ReplyDeleteNeed to have confidence & faith (some would say hope LOL) in selected assets.
ReplyDeleteHaving a separate bucket containing safe assets e.g. cash & govt bonds, will help to steady nerves. :)
That's why the old cliche of having balanced asset allocation.
Or else just use some simple trend following & don't think too much
e.g. be invested or buy when month-end price > 10 month moving average ... sell when month-end price < 10 month MA.
Most of the times, for retails simple method will work for us. Too much thinking. Too much fear
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