Monday, October 5, 2020

Random thoughts: Investments action applicable to relationship building?

Cut your losses, let your winners run (Remember to set a trailing stop)

Basically, we get ride of the lousy counters, and try to keep the best ones. If we go home, deadbeat everyday, are we at our best, or our worst. I am not sure about you, but I definitely at my best when I am feeling tired. Yet, as I look at myself, most of the time I am so tired when I am home, then almost all conversation seem draining and uninteresting. When I am at work, starting the day fresh, I might be able to joke with my colleagues, hold a good conversation as well. When your family is holding to the losses (The burnt-out/ fatigue you) almost everyday, how not to be affected? You look at your counters in red everyday, even if you have conviction you made the right call, you also feel sian right? Find time and window to start and meet your family fresh and energetic 

 Diversification 
 Have a mistress? HAHAHA, just kiding. I am guilty of putting 80% of my energy at work. Even when I am at home, I am still working most of the time, marking, preparing lessons etc. The concentration of capital at only area is a high risk venture, as your experinces and identity became a your job designate. In singapore, everyone already appreciate how competitive worklife is and how high cost of living is. I don't think any heartlanders will not understand long working hours and weekends that are also devoted to work. Yet, precisely becasue of that, I should have been more mindful of finding pockets of together time. When your family ask to make breakfast together, even if you rather sleep longer and call in, perhaps it is a good idea to lose that 1 hour or so more hour. Make time for your friends and relative too. I find myself living like a hermit. I do have a few whatsgroup and friends at facebook, but I realise I do not really like meeting out with friends. This Covid19 bring up the hermit it me. 

Understanding the business behind the counter, not just the price 
We research on the company, try to understand the business, do business comparison, key in ratios, read annual reports and industry news. Yet, I don't apply the same rigour in planning for that birthday birthday or that special occasion. Investing is not about having a "cost" mindset, but having a "growth" or "value" mind, perhaps I should stop counting that overseas trip or weekend meal with dollars and cents.

10 comments:

  1. My relationship with stocks are girlfriends, mistresses and wives. Girlfriends and mistresses can change and let go; but wives to death we part. It is happy, sianz or sorrow! Sigh!

    ReplyDelete
    Replies
    1. Recording success in cryptocurrency Bitcoin is not just buying and holding till when bitcoin sky-rocks, this has been longed abolished by intelligent traders ,mostly now that bitcoin bull is still controlling the market after successfully defended the $9000 support level once again ad this is likely to trigger a possible move towards $12000 resistance area However , it’s is best advice you find a working strategy/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with total investment daily signals and strategy, his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 4weeks of trading with his daily signals growing my 1.5 BTC to 6.7 BTC. total investment daily signals are very accurate and yields a great positive return on investment. I really enjoy trading with him. He is available to give assistance to anyone who love crypto trading, you can contact him on WhatsApp:+1 (646) 4810376  and  : totalinvestmentplatform@gmail.com /// Visit Website:  https://www.facebook.com/101745678391674 ;      for inquires and profitable trading systems. Bitcoin is taking over the World  

      Delete
  2. Orh!! Why u sigh... Hahahahhah
    Dun be sianz la

    ReplyDelete
  3. Sillyinvestor,

    What's the point of financial success or freedom when we have no one to share it with?

    I like the middle path concept.

    Don't be overly miserly; don't be overly spendthrift.

    When need to spend, spend.

    When need to save, save.

    When opportunity comes, jump on!







    ReplyDelete
    Replies
    1. Hmm by any standard, my saving rate is a spenddrift?
      By my own standards, I doing fine and can live with it, that's good enough, and good enough, by my standard too.

      I didn't impose on others .. so I can keep to myself. I guess

      Delete
  4. Bro, I think it is time you stop looking at your stocks! You should go out more and meet people.

    Devote time on your work is good, but it cannot be an excuse or at intentionally at the expense of something.

    Your work is meaningful. If the more time you commit, it means helping one more kids, it is all worth it. If it is just admin, then forget about it.

    Focus on the living, not on the dead!

    ReplyDelete
  5. Hi Rolf,

    Actually I think I have been looking lesser and lesser on counters price as compared to last year's. But I do like to read the various reports of businesses etc

    Yes. Live for the alive, respect the dead

    ReplyDelete
  6. Hi,

    Investment is akin to buying and wait for the dividend with the strategy of spreading the eggs to as many baskets. It gives one the peace of mind and leave one time to work on things of his/her interests.

    WTK

    ReplyDelete
    Replies
    1. Hi WTK, thanks for sharing.

      I would say the investment world change my perspective on a lot of things. Is really quite fun and interesting.

      Making money out of it is really the icing on the cake only

      Delete
  7. Recording success in cryptocurrency Bitcoin is not just buying and holding till when bitcoin sky-rocks, this has been longed abolished by intelligent traders ,mostly now that bitcoin bull is still controlling the market after successfully defended the $9000 support level once again ad this is likely to trigger a possible move towards $12000 resistance area However , it’s is best advice you find a working strategy/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with total investment daily signals and strategy, his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 4weeks of trading with his daily signals growing my 1.5 BTC to 6.7 BTC. total investment daily signals are very accurate and yields a great positive return on investment. I really enjoy trading with him. He is available to give assistance to anyone who love crypto trading, you can contact him on WhatsApp:+1 (646) 4810376  and  : totalinvestmentplatform@gmail.com /// Visit Website:  https://www.facebook.com/101745678391674 ;      for inquires and profitable trading systems. Bitcoin is taking over the World  

    ReplyDelete