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10-03-2015, 11:06 AM
(10-03-2015, 08:41 AM)Life is a game Wrote: Actually it's not about how much you earn in gross but how much net you left at the end of the month for savings in war chest and investment. Most of my peers are earning 10k plus but I don't see them save or do investment. They just go hong kong and korea spend money on clothes and shoes and makan. One even bought a condo to have the feel of living atas. If you look at famous blogger AK, he don't earn that much but the dividends and wealth he accumulate is respectable. He is a successful person in my view.
Thats exactly right. When accumulation is so poor, there is hardly any capital to compound or grow.
The thing I am scared most is not nightmares or market crashes..... Its my greed that I fear the most.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.
When people ask what is my target price, I never have any good answer for it because Philip Fisher said before (in Common Stock Uncommon Profit) that the best time to sell is never. Equity investment is buying into ownership, not betting slips.
The path to greatness and wealth is necessarily dangerous.... because greed is a fearsome fore that threatens your success at every step.