Read? Dec 2019 Investing Performance Report : 20 Years in local SGX stock market only
The moral story of Grasshopper and Ant in the stock market
From 2000 to 2007; Uncle8888 was the Grasshopper in the stock market and especially from 2006 to 2007 singing loudly and cheeerfully in the Summer Bull. Bom pi pi! Setting new record high one after another without injecting a single cent as capital into his investment portfolio.
In the Summer; why Grasshopper wants to worry about Winter like Ant. Waste time and waste opportunity to enjoy the Boom!
Then what happened after next?
8 years of slow climb to the Peak in the Summer 2007 and just one year to rapid fall to the Low in the Winter 2009!
Then it took another 9 long years just to recover from the last Winter and set a new record high in Jan 2018!
10 long years of Summer!
Ant has accumulated so much food to survive the Winter and the food is rotting in the Freezer!
A long, long boring Summer for the Ant!
What next for the Ant?
Read? My Own Psychology Of Losses: Losing Money And Deploying Cash Is Not The Same!
Uncle 8888
ReplyDeleteBuild a hydro pump other than 3 taps?
Uncle 8888 can enjoy like a grasshopper while prepare like an ant.
Pokémon with Hydro Pump. Ha ha!
Delete