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
Hi Uncle8888,
ReplyDeleteHeehee I think it depends what you're actually measuring. Whether it's whole portfolio basis, or a portion of the portfolio.
Whole portfolio will include stocks, bonds, etf's, investment properties, investible cash(including war chest & standby funds). 😉
E.g. when measuring the investment performance of Buffett, we include his $100+B war chest, even though it definitely is a cash drag on Berkshire. Buffett will tell us he rather have this cash drag than to invest in over priced companies. 😄
Cash still have low return and still better than negative return when over priced stocks corrected or crash.
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