Tuesday 15 March 2022

How To Make Money In Investing/Trading?

 


By SELLING.




I'll let you figure that one out yourself...








10 comments:

  1. Smol,

    It's by both selling AND buying! Lol!

    Warren Buffett will also say it's by sitting.

    ReplyDelete
    Replies
    1. Spur,

      LOL!

      I not saying anything. Hope other readers can chime in too ;)



      Delete
    2. Depending on accounting method applied to our investment book; realized P/L + dividends + Unrealized P/L. Some don't care about paper gains or losses. Every month dividends are coming. Happy liao!

      Delete
    3. CW,

      Lucky in the business world, we got recognised international accounting standards!

      Can you imagine every listed company coming up with their own "definitions" of what is profit, what is loss? What is an asset, what is a liability?

      LOL!


      I still get a chuckle each time I read how some in our community can come up with their own "home-made" definition of their "net-worth"...

      Its quite evident they did not take business accounting!?

      School never teach what... Wink.



      Delete
  2. There are more than 1 way to skin a cow.

    U can milk the cow first before selling it.

    ReplyDelete
    Replies
    1. Sillyinvestor,

      You are correct.


      There's a difference between RETAIL traders and RETAILL "investors".

      Retail traders who don't know WHEN to sell, are quickly taken out to the cleaners...

      These failed traders will probably end up as born again retail "investors".

      Like zombie Japanese companies, one day they'll breakeven... But hey! If I don't sell, its not a loss!


      I can't tell the difference between a money making RETAIL investor from a RETAIL trader - both know WHEN to sell.

      I focus on the adjective; not the noun (or label).



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    2. Better to know ourselves in the market after one or two market cycles. Are we better off to be farmer or hunter or farmer-hunter based on our own performance?

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    3. CW,

      Yes!

      The strength of veterans who survived 1 or 2 bull/bear cycles is we know what or who we are ;)

      No more penguin me or panda you blur blur following eagles telling us if they can, so can we!

      LOL!


      Bei kambings have only "faith" to rely on; veterans have our track records to back us up.


      Its a bit like rock, paper, scissor - we veterans in turn lose out to youths who don't know what cannot be done ;)




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  3. Haha some counters I not so greedy sell when price target hit.
    Some counters, the price target hit, I got greedy and held on to it hoping to go further up, now sitting on -15% off the top. Still in green but now under price target.
    Yes, money is made by selling. Else it's just paper.

    ReplyDelete
    Replies
    1. ERSG,

      That applies to everything from cryptos to antiques, from Hello Kitty collectibles to landed properties.


      To MAKE money, we need to SELL ;)


      Unrealised profit is just an accounting treatment. Try buying anything with unrealised profits!

      Delete

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