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3 comment(s). Last comment by Kevin Wong 2014-10-19 19:47
Posted by BumbleBee > 2014-10-19 13:14 | Report Abuse
Good one, Calvin Tan Eng. Uncle like -;)
Posted by Kevin Wong > 2014-10-19 19:47 | Report Abuse
Market timing are for the speculators. Investors rides through all the ups & downs. If by using charts and all those TA's works, then there would be at least a $ trillionaire by now!
Billionaires investors like Buffett & Bogle had claimed that nobody in this world could possibly consistently time/outsmart marts. By the way, how many multi billionaire speculators are out there? Even much of Soros wealth , are made through his investments.
No result.
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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
56,038 posts
Posted by calvintaneng > 2014-10-19 10:48 | Report Abuse
Calvin already warned & warned many times NOT TO CHASE HIGH FLYING SHARES OR HOT AIR BALLOONS!
Return OF capital more important than return ON capital.
If you are disciplined and only keep to undervalue shares with strong fundamental you would have escaped the blood bath & also profited from the selling by entering at cheaper levels.