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Dragon Leong blog
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THE INVESTMENT APPROACH OF CALVIN TAN
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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....
stockmanmy
6,977 posts
Posted by stockmanmy > 2017-04-20 23:51 | Report Abuse
Flower seller talks about the fragrance of flowers. Stock picker talks bad about Index funds,
Index funds are confident they are doing the right thing basing on the theories they learn in universities.
Final outcome, the customers decide.
and if you worry like a Tan Teng Boo, you are not going to get any return.
Like I say many times, this year......stay invested at all times, sell only if you find some thing better. No other good reason to sell.
Last three months, people are seeking risk. Selling bonds to get into riskier assets. Non Index shares out perform Index shares by a mile.
Will things change?
Don't know. But , it is smart to assume things don't change until it changes. Objects in motion continue in motion until it meets another force.
Stay invested, stay in riskier assets....
"What seems too high and risky to the majority generally goes higher and what seems low and cheap generally goes lower."
Jaks, anyone?
Vitrox?