The Need to Invest

[Ben]

It must be mid-life crisis....

I have had a headstart of 10 years+ of making mistakes and hopefully learning from it... I'm sure you'll do a lot better than me as you have already been practising good Value habits plus a good sizeable base, even before you decided to take this plunge.

One word of advice is to let Stocks Investing revolve around your life and not vice versa. This'll cut down a lot of unnecessary stress and unhappiness.

I hope everything works out fine when like Steve Jobs, you look back (in future) and connect all the dots.....

Good Luck!

Ah yes, mid life-crisis, haha. Sometimes crisis is not a bad thing as it forces oneself out of the normal routine and makes changes to push ahead in life.

Actually I am a late bloomer. For the first 12 years of my so call investing years, I really do not know what I am doing. Naturally I paid a lot of fees but learnt almost nothing. I made monies and feel invincible during the bull years, only to give back all and more during the bear years. It was not until 2005 that I “woke” up and realized that I cannot afford to continue my investment journey in this manner. The rest is history and not worth mentioning. My portfolio grew rapidly in the last 7-8 years. The crisis in 2008/2009 was in fact a blessing in disguise to me as I loaded up on blue chips at incredible prices.

For those in your twenties or thirties now, if you are willing to put in effort and stay focus, you will be far more successful when you reach my age. And for the middle age, it is never too late. There is no ending to investing. WB is still doing it at his age now; we are all considered very young if compared to him.

Thanks KopiKat for your advice.

[pianist]

Ah yes, mid life-crisis, haha. Sometimes crisis is not a bad thing as it forces oneself out of the normal routine and makes changes to push ahead in life.

Actually I am a late bloomer. For the first 12 years of my so call investing years, I really do not know what I am doing. Naturally I paid a lot of fees but learnt almost nothing. I made monies and feel invincible during the bull years, only to give back all and more during the bear years. It was not until 2005 that I “woke” up and realized that I cannot afford to continue my investment journey in this manner. The rest is history and not worth mentioning. My portfolio grew rapidly in the last 7-8 years. The crisis in 2008/2009 was in fact a blessing in disguise to me as I loaded up on blue chips at incredible prices.

For those in your twenties or thirties now, if you are willing to put in effort and stay focus, you will be far more successful when you reach my age. And for the middle age, it is never too late. There is no ending to investing. WB is still doing it at his age now; we are all considered very young if compared to him.

Thanks KopiKat for your advice.

what should be the strategy now?

[Temperament]

Ha! Ha!
The strategy is of course not out of 36 strategies choose the top most strategy. We all know we must all find the strategy that suits each of us best - depending on who we are. NO?

[8ALEX8]

Hi all out there, great to see this thread and there are many value-investors.
I'm a young and new value-investors, hope i can learn some stuff from all the shifu out there haha

[CityFarmer]

Hi all out there, great to see this thread and there are many value-investors.
I'm a young and new value-investors, hope i can learn some stuff from all the shifu out there haha

Welcome you on behalf of VB. I am sure you can learn from the buddies' post here. Wish you all the best for value-investing venture.

[weijian]

Hi Ben,
4 months down the road. How are things going?

Have you felt the acceleration curve going?
Are you starting to find investing actually pretty boring now that you are spending 6-8hours (rather than 1-3hours/day previously)?

For forum buddies info, starting from 1st July onwards, my passive income from stock investing will become active income, as I will be leaving my full time job.

[Temperament]

Hi Ben,
4 months down the road. How are things going?

Have you felt the acceleration curve going?
Are you starting to find investing actually pretty boring now that you are spending 6-8hours (rather than 1-3hours/day previously)?

For forum buddies info, starting from 1st July onwards, my passive income from stock investing will become active income, as I will be leaving my full time job.

Ha! Ha!
Nice try!
And well put! - Passive income has become active income. In reality it is. You are damn right. Nothing is further from the truth.
People will know what i mean when you have no more income from working for somebody.
"Retirees"will definitely understand.
Shalom.

[NTL]

I fully understand too.