Wednesday, March 24, 2010

How important is timing?

I don't think there is such thing as timing. What is market timing anyways? I think most of the people mis-understood timing. Even I fail to understand what it means by timing. It is laughable that people wish they can get in and get out at the right moment of before market crash and before bull market runs. Is there a clock that tells you what time is it in the market? I don't think there is such clock.

So how do people seemingly time the market without the clock? They resort to emotion and technical analysis and they ignore market fundamental. The better way to invest is probably ignore your fired up emotion and technical analysis; just focus on fundamental of a company valuation.

Follow these 3 easy steps will help investors increase return on capital invested.
Three easy steps:
1. buy company’s stocks when there is a hidden value
2. maintain the position as long as there is hidden value in the stock
3. ignore technical analysis


Read more!

Simple life's journey to million dollar

Today is a great day. I got a break off work. It is a great opportunity to re-launch my blog. This is inspired by The blogger there has done a great job reaching his goal. He has already reach $500k mark. I think he should be able to reach the 1 million dollar mark 3 years from now.

And today, I will restart my blog, to talk about my journey to million dollars and how I get there.

Read more!