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based on yr 10 yr cycle theory, the next peak/crash will happen only in 2018/2019..the climb to the top is seems always a slow daunting process..
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Let us presume(madness in play) 10year cycle theory is possible. Meanwhile, what are we going to do from now till 2018/19? It's another 5 to 6 years. Keep on looking for under value stocks lol.
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.
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03-02-2014, 12:45 PM
(This post was last modified: 03-02-2014, 12:51 PM by Temperament.)
Of course it's a myth. It is only dangerous when we can't be sure whether it's a myth or truth. But that is what dreams are made off. It's good to indulge in "fairy tales" once a while . Only be very careful not to be carried away and not able to return to reality.
Who have no dreams(aka visions) are dead.
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.
Posts: 1,039
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Joined: Dec 2012
03-02-2014, 12:54 PM
(This post was last modified: 03-02-2014, 12:55 PM by felixleong.)
90% vested 10% cash
added some ang pow $$ during the chinese new year
gonna use up my cash on some blue chips by end of the week
I'm not greedy, if can make 10-15% long term annual returns I would be very happy already.
That's why I'm not too focused on timing the market bottom.
Cheers ^^