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31-07-2012, 10:46 AM
(31-07-2012, 10:24 AM)Musicwhiz Wrote:(31-07-2012, 10:04 AM)etan Wrote: Like most people here, I am also waiting for the BIG CRASH (if there is any to come).
If I could be a little frank - my view is too many people wait for the big CRASH, and this usually only occurs once in many years, so in the meantime if you wait with cash on the sidelines you'll see it get eroded by inflation, and you'd also miss out on other investment opportunities.
My suggestion would be to look for reasonable valuations in excellent companies, and invest the money slowly + steadily. In that way, you can get dividends and reinvest along the way, all the while beating inflation.
Call it the slow/steady way to wealth. Rome was not built in a day.
It may be true that if you look long and hard enough, you can still "discover" some "under-value" stocks missed by the markets, at anytime of the day.
But who am i to compete with the market?
It is almost impossible for me a lay-man?
i have to think of some other unorthodox ways.
My 2 cents.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.