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2 comment(s). Last comment by stockraider 2020-11-16 19:38
Posted by stockraider > 2020-11-16 19:38 | Report Abuse
Patience Is Our Biggest Asset
Peter Lim made his wealth through patient, long-term investing.
He does not like to trade – which is to buy one day and sell the next to lock in profits.
He said that “people who get rich are those who buy a company, build it, run it.”
It takes time for businesses to grow; they certainly do not flourish overnight.
He also did not worry about the short-term fluctuations of the stock market.
One time, the Singapore’s stock market took a sharp nosedive, wiping out more than $100 million of his stock’s value.
However, Lim was unruffled. Having been through many crashes and financial crises, he knew that things would turn out fine after all, and it did.
Interestingly, Lim got to where he is today through a mixture of savvy investing and sheer grit.
His story showed us that in order to succeed, we need to have the patience to grow a business instead of looking for short-term gains.
INSAS IS A REAL PATIENCE INVESTING LOH...!!
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Pertama Digital Hits Limit Down Again, Unable to Explain Latest Decline
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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....
calvintaneng
56,242 posts
Posted by calvintaneng > 2020-11-16 18:01 | Report Abuse
Yes buy and hold longer
Like an incoming waves
3 steps forward and 2 steps backwards as prices zig zag daily but eventually high tide
So expect Cpo prices to go even higher