Tan KW
Publish date: Tue, 24 Sep 2013, 05:17 PM
Tan KW
0 458,704
Good.

Millions of people are devoted to collecting interest, which may or may not keep them slightly ahead of inflation, when they could be enjoying a 5 - 6 percent boost in their real net worth, above and beyond inflation, for years to come through investing in stocks for the long-term.


Of course, that assumes that you go about your stock-picking or fund-picking in an intelligent manner, and that you don't get scared out of your stocks during corrections.

Don't give up on the rewarding pastime of stock-picking.  An amateur who devotes a small amount of study to companies in an industry he or she knows something about can outperform 95 percent of the paid experts who manage the mutual funds, plus have fun in doing it.

Peter Lynch 
 
http://myinvestingnotes.blogspot.com/2013/09/buy-stocks.html
Discussions
1 person likes this. Showing 2 of 2 comments

asoh

Agree sir, but must have plan and self-discipline. Greed is the main foe and panic need EQ to handle....

2013-09-24 20:17

sephiroth

1000% true, 80% of the time, i make profit, grab good fundamental stock skpres,fibon, guh if price go below entry price, every time i average down, the share price will shoot thru all my purchase price. for eg symlife (not so good fundamentally coz of high debt,turn around company manage by Azman,previous danaharta big shot, attracted by high div and free warrants), bought 1.10,1.03,0.93 now 1.20

2013-09-24 22:13

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