The data point of one!
This is not Back testing on digital data!
It is real retail investor and with real money on the table!
Buy, RIGHT and hold!
It is not right to anyhow poke buy and hold investors!
Realized gains from stocks only go up! LOL!
Buy, RIGHT and hold over 18 yrs
Average yearly ROC is about 20% p.a
Even if DBS stock price crashes to $10 over the next five years; average yearly ROC with future dividends is likely to be more than 9% p.a. over 23 yrs
How about trading on one's core position?
What is the Moral of the Story behind this data point of one?
Don't anyhow poke at buy & hold and those who are still waiting for the next big market crash like AFC, Sep 11, SARS, and GFC!
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ReplyDeleteBuy and hold for stock indices is ok. Buy and hold for individual stocks is a risky no, no. Not for the average person.
ReplyDeleteCW,
ReplyDeleteNow this is an open invitation for me to poke!
Trading around one's core position is all about squeezing blood from stone.
No stock go all the way up in a straight line. Along the way, there will be corrections and pullbacks.
Its just one trading technique to boost one's return. Do it right, the trading profits can be more than the dividend yields ;)
Why don't you use your other data point of one - Keppel?
Keppel at current prices is akin to DBS trading at $10 ;)
Never trust a statistics we have not personally manipulated first!
Your case is got bosom; reveal cleavage.
Got legs; wear mini-skirts.
You har!
Ha ha! Real life example of how snake oil showing example of investment success stories based on hindsight!
ReplyDeleteHope more people get the message! LOL!
Haha, I m silent reader of CW8888 / SMOL blogs. No poke no fun. Keep going
ReplyDeleteMust take precautions by wearing raincoat OK?
DeleteAnyhow poke can shotgun one...
CW and me are like the 2 man 相声.
Always bickering, always arguing.
I'll do my part to make it clearer for bei kambing readers who probably didn't realise this post by CW is meant as a "poke" or "sarcasm" ;)
Hi Uncle8888,
ReplyDeleteNothing beats real life examples of both snake oils & actual stocks returns! :)
What it tells us is that both buy-and-hold & buy-sell-buy-sell also works. Depends whether one is good in one method or both methods. LOL!
Heck even buy property in Syria or Afghanistan also can make big bucks. I'm sure there're many multi-millionaires in both countries.
But one thing about buy-and-hold ... returns are the best when buying during the darkest nights & stormiest of storms. Of course buy the right asset or stock (else buy the whole index or world).
Singapore overtakes Thailand to become Asia's worst stock market.
Singapore's unemployment rises to 16-year high.
Hohoho!!
VIX futures is saying "Buy this dip!"
ReplyDeleteThe curve is now totally opposite from 1.5 months ago.
Q to buy for Monday already
DeleteMay be it is time to change yr broker. Broker is here to serve us and not the other way
Deletewhy not both?
ReplyDeleteThat is the idea behind this blog tile : Create wealth through long-term investing and short-term trading!
DeleteCreatewealth8888,
DeleteIndeed! Got to live up to your blog's name.
With your wealth of experience in both long-term investing and short-term trading, which one do you think is more profitable?
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ReplyDelete