Fully agreed the author. Unless you manage fund that big enough to derive sufficient dividend to sustain your living expenses monthly, it is risky to go full time investor. You can only consider profit make from investing stock as bonus for your holidays and dividend as interest earned from the investment. Investor goes full time with small fund will inevitably make wrong decision sometime and also not able to hold good potiential stocks for sufficient period to get the maximum returns.
Well said..tempting to become full time investors is great but you can't be picking winning stocks all time. Stay employed is good for beating loneliness and stay active while can nimble in stocks market.
totally not agree with author. if you don't quit ur job then how to become full time investor? title should be "Why You Must Not Quit Your Job to Become a part-time investor"
Investor is not trader. Trader constantly looking at price perform buy in sell out in short period of time. Investor constantly looking at annual report, quarter report, perform financial analysis, looking for bargain hunt. Investor won't sell for 2-3sen different. We do our homework, play big and win big.
until there is a sustainable source of income or fresh cash flow outside of investing one might consider being a full time investor. there has to be a plan A for plan B to work.
I have been suffer by last year when bearing . So I already feel the fear and lonely . And also feel only super clever person can become full time. I think less than 10% in the world can be a very clever people . Haha . Even god of bursa also don't hundred percent know tomorrow index will up or going down . So I agreed this title .
for directors, substantial shareholders and long term investors, they don't have to be right all the time. They don't even have to be right most of the time. For them, they only have to be right once a decade, they can do very well for themselves.
What it needs is that for a long term investor, his main focus is strategic issues and quality of management.......got that right the share will do very well at least once a decade.
Posted by noobnnew > Apr 20, 2016 11:41 AM | Report Abuse
Investor is not trader. Trader constantly looking at price perform buy in sell out in short period of time. Investor constantly looking at annual report, quarter report, perform financial analysis, looking for bargain hunt. Investor won't sell for 2-3sen different. We do our homework, play big and win big.
Like what Walter Schloss said, Quote: “ In life, we should be confident in ourselves, do something that we like and are passionate with; not doing something that we don’t like just because it makes us money.”
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....
Jonathan Keung
4,436 posts
Posted by Jonathan Keung > 2016-04-18 15:53 | Report Abuse
it's a lonely at the top. sigh! to become a super & successful full time player