5 people like this.
4 comment(s). Last comment by MrWealthy4321 2016-05-06 21:51
Posted by ks55 > 2015-03-01 11:30 | Report Abuse
Quality posting. I like it.
Only different is don't get sentimental over the stock you bought. When price is right, sell some to reduce your holding cost. It is always very easy to sell when the price is been chased up.
Good share will not bring you profit if you can't at low price. Only when market crash, you will get value for your money.
Posted by Kian Leong Lim > 2015-03-02 04:53 | Report Abuse
Cheap prices reduces the cost of investment and lower your losses if something gone haywire. But it definitely is not the way to investment. You want to invest in something that is important to consumers in the future but prices are cheap now. Don't go to night market to buy something you want to prosper or profit from. Buy quality stocks is to buy companies that sell something that is very important to consumers everyday and also in the future for as long as it takes (this is snowballing concept).
Posted by MrWealthy4321 > 2016-05-06 21:51 | Report Abuse
good reminder ...come and reread again
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kevin Wong
416 posts
Posted by Kevin Wong > 2015-02-27 16:46 | Report Abuse
""Money is made by sitting, not trading.""
""Give me time, not timing""
""Fast come, fast go.""