tag:blogger.com,1999:blog-1602023866179666640.post1391877276400550799..comments2024-03-29T16:13:18.422+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: The Stocks Manage ThemselvesCreatewealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1602023866179666640.post-68490277002704367692019-04-08T14:36:25.594+08:002019-04-08T14:36:25.594+08:00Curious to know what is the rate of return after 3...Curious to know what is the rate of return after 30 yrs?CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-21286308292127677912019-04-08T08:01:21.071+08:002019-04-08T08:01:21.071+08:00Is our investing goals based on need or want?
1) ...Is our investing goals based on need or want?<br /><br />1) Do weed to build more long-term wealth for future cash future or just want cash flow now?<br /><br />2) Do really need more cash flow or just want more?<br /><br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-65805380623502225722019-04-08T07:56:30.307+08:002019-04-08T07:56:30.307+08:00Parrot this : Sometimes, before thinking of tweaki...Parrot this : Sometimes, before thinking of tweaking or trying something different, it's best to go back to principles: Do we need it? (whether we've won the game) Are we able to do it? (liquidity, time horizon, portfolio size, sizeable income) Are we willing to do it? (risk appetite, drawdowns, capital loss)<br /><br /><br />:-)<br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-90479670049528977322019-04-07T23:29:05.370+08:002019-04-07T23:29:05.370+08:00Hi Uncle8888,
Investing is not easy, but that'...Hi Uncle8888,<br /><br />Investing is not easy, but that's what makes it fun! :)<br /><br />There's a fine line between doing too much & refining the investment process. Dalbar's annual studies for the past 24 years have consistently shown the average investor to underperform the index, confirming what Ben Carlson is saying above.<br /><br /><a href="https://content.swanglobalinvestments.com/hubfs/Third%20Party%20Documents/Dalbar%202018%20QAIB%20Report%20-%20Quantitative%20Analysis%20of%20Investor%20Behavior%20-%20Advisor%20Edition.pdf" rel="nofollow">Dalbar 2018 report</a><br /><br />Basically the main problem is the Mind. :)<br /><br />When we adopt an investing Method & Money Mgmt, we will need to be aware of shortcomings as well. No method will be right or good all the time. Sometimes our method or money mgmt will make us look foolish. And we need to be OK with it.<br /><br />For e.g. in my trend following, I know that during market volatility when there are fake breakouts or breakdowns, I will be whipsawed and will perform worse than just buy-and-hold. This is what happened in Feb/Mar & Jun/Jul of 2018. And then my trend following signals really helped in the Oct to early-Jan steep correction.<br /><br />Sometimes, before thinking of tweaking or trying something different, it's best to go back to principles: Do we need it? (whether we've won the game) Are we able to do it? (liquidity, time horizon, portfolio size, sizeable income) Are we willing to do it? (risk appetite, drawdowns, capital loss)Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.com