Your investment strategy is your game plan to create your perfect portfolio. But you must find the strategy that best suits your situation, your risk tolerance and where you are in life. Twenty-year-old guys will have a different approach to… Read More ›
During his lifetime of investing in the market, he came up with some principles to help him guide through the ups and downs in the market. When the author asked him if any other investor helped him discover these principles,… Read More ›
Unlimited Bullets With Unlimited Possibilities Russian roulette is a deadly game of chance where a player places a single round of a bullet in the revolver and spins the cylinder, and aims the gun at another player or himself. In… Read More ›
Playing The Odds And Probability, Power Of Small Edge The stock market and blackjack are both the game of chance and risk. In blackjack, we strategise to gain an edge over the dealer. In the market, we strategise to gain… Read More ›
When money is in the equation, use your brain, not your heart. People check their investments regularly, sometimes up to 5-10 times a day. When the stocks are soring and reaching daily new highs, we pile on and keep piling… Read More ›
F.I.R.E. – Financial Independence Retire Early. Your guide to early retirement. The only thing you need to do is save only 80% of your income for only ten years and then live like a king for the rest of your… Read More ›
We are all self-made men and women, but only the successful take credit for it — the idea of personal responsibility. If you only practised this one concept, within two to three years the changes in your life would be… Read More ›
Life’s greatest tragedy consists of men and women who wholeheartedly tried and fail! The tragedy lies in the overwhelmingly large majority of people who fail compared to the few who succeed. Unfavourable genetic background — There is but little, if anything, which Anyone… Read More ›
Microwave mentality is the belief — the expectation that success should be as quick as your fast food, same-day delivery, instant lottery win or instant messaging. To rid yourself of it, you must promise that you’re going to let go once and… Read More ›
When friends ask me for personal investment advice, my first step is to try to understand their risk and return tolerance. Asking for investment advice without specifying is like asking for medicine without the diagnosis of a disease. So I… Read More ›