Read? Stocks Only Go Up. Wait!?
True la!
Stocks only go up!
You don't believe. You can go and check on those investment bloggers in Singapore Investment Blogosphere who have posted their Sep 20 month ending stocks investment performance charts.
What do you see from their charts?
Mostly, Over long term; stocks only go up!
True right?
So you know how to do to achieve that?
"Stocks only go up" is a dangerous statement to buy into. If one insist on doing that, then safer to apply it to stock indices, but NEVER on individual stocks. Not uncommon for individual stocks to go to zero but very rare for stock indices to go to zero.
ReplyDeleteThere have been occasions in history when even stock indices did go to zero. Bad politics was the cause. Ask the rich Russian and Chinese investors when communists with no respect for property rights took over as government.