tag:blogger.com,1999:blog-6897513886211197509.post1473979492210851463..comments2024-03-28T12:38:11.434+08:00Comments on Singapore Man of Leisure: Buy and Hold - Who sold you that idea?Singapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-6897513886211197509.post-39255272481735790642017-10-25T12:58:32.748+08:002017-10-25T12:58:32.748+08:00sleepydevil,
Lucky I'm guy.
If I'm a wom...sleepydevil,<br /><br />Lucky I'm guy.<br /><br />If I'm a woman at 50, seeing you at 19 standing next to me, I'll scratch your face out!<br /><br />What I would give to be 19 all over again!!! <br /><br /><br />You've grasped the essense of Buy and Hold ;)<br /><br />Stay forever young, and remember:<br /><br />Youth, your strength is you don't know what cannot be done!<br /><br />:)<br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-44435120437897200802017-10-25T12:38:22.687+08:002017-10-25T12:38:22.687+08:00Hi SMOL,
Buy and hold... buy what and hold what?...Hi SMOL, <br /><br />Buy and hold... buy what and hold what?<br />Buy OCBC after GFC at $4 and holding.. tasty<br />Buy Blumont in 2003 at $2 and holding.. hmm..what?<br /><br />sleepydevilhttps://www.blogger.com/profile/03214790983822461454noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-90414145184967489712017-10-25T08:32:23.733+08:002017-10-25T08:32:23.733+08:00Unintelligent Nerd,
Another reason why Trading is...Unintelligent Nerd,<br /><br />Another reason why Trading is more suitable for me!<br /><br />I'm not a one woman man...<br /><br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-72216530681161950952017-10-25T08:28:08.484+08:002017-10-25T08:28:08.484+08:00Sillyinvestor,
:)
Sillyinvestor,<br /><br />:)<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-75613206097484591312017-10-25T06:20:19.549+08:002017-10-25T06:20:19.549+08:00Hi SMOL,
To be able to buy and hold presupposes b...Hi SMOL,<br /><br />To be able to buy and hold presupposes buying and holding a suitable spouse.<br /><br />If not "team player", how to even talk about whether wealth could compound or not? KekekeUnintelligent Nerdhttps://www.blogger.com/profile/17797052565143872922noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-82966449065245515882017-10-25T06:10:06.541+08:002017-10-25T06:10:06.541+08:00Hahaha SMoL,
Almost missed your inverted comas......Hahaha SMoL,<br /><br />Almost missed your inverted comas...<br /> ;)Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-62586395698790064242017-10-25T00:17:59.785+08:002017-10-25T00:17:59.785+08:00Spur,
Ouch!
No wonder supposedly financially li...Spur,<br /><br />Ouch! <br /><br />No wonder supposedly financially literate people are spending so much time and energy on CPF...<br /><br />Evidently not everyone is confident of their own "convictions" afterall.<br /><br />;)<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-66192905722078679262017-10-25T00:12:26.256+08:002017-10-25T00:12:26.256+08:00Andy,
I find myself nodding with what you say... ...Andy,<br /><br />I find myself nodding with what you say... Especially on balance and true diversification ;)<br /><br />Spoken like a land owner. <br /><br />Hey! You are one!<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-90549750047781886082017-10-24T23:53:45.004+08:002017-10-24T23:53:45.004+08:00B&H theory -- broadly diversified portfolio ac...B&H theory -- broadly diversified portfolio across different asset classes, countries, sectors etc, and re-balanced on periodic or asset allocation re-alignment basis. Injections of new money to be according to master asset allocation.<br /><br />B&H practice -- buy the best potential stocks according to guru-level analysis, watch the price decline, buy more & average down, after 12 months of decline & revised earnings guidance ... log off online broker & throw away CDP/broker statements in disgust.Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-17628481213777199572017-10-24T22:25:42.039+08:002017-10-24T22:25:42.039+08:00The wisdom of buy and hold is not that stocks alwa...The wisdom of buy and hold is not that stocks always outperform. They don't. <br />And it's not that you'll always get rich over time. You won't. <br />It's that stocks tend to be the best-performing asset over long periods of time (assuming the unpredictable future is not so much different from the past).<br />And trying to shorten that time by jumping in and out of other assets is the express lane to misery and regret.<br /><br />The best solution is balance and true diversification. Buy and hold doesn't mean you only own stocks!<br />It means you hold an appropriate balance of diversified assets that fits your goals. Everyone should own enough in other asset classes to keep volatility from scaring them out of stocks, and enough stocks to keep lower returns from other asset classes from scaring us out of retirement. That's true buy and hold.<br /><br />And of course, profit is only made once we sell and never by buying and holding and holding and ...<br />Tacomobhttps://www.blogger.com/profile/00984034091151711523noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-36160656644443325502017-10-24T21:57:51.024+08:002017-10-24T21:57:51.024+08:00CW,
A good test to see whether the person spoutin...CW,<br /><br />A good test to see whether the person spouting Buy and Hold is a parrot or the real McCoy is to ask WHEN do we sell?<br /><br />Or is it really "forever" and throw this problem to our children to figure out?<br /><br />LOL!<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-86690978331876071462017-10-24T21:54:20.562+08:002017-10-24T21:54:20.562+08:00Sillyinvestor,
You are now speaking more and more...Sillyinvestor,<br /><br />You are now speaking more and more from personal experience, self discovery, and personal research ;)<br /><br />I think pretty soon, "many" will visit your blog and ask you what stocks to buy, at this price can buy or not?<br /><br />;)<br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-44255950555332297782017-10-24T21:00:08.040+08:002017-10-24T21:00:08.040+08:00CW, indeed, that is one of the consideration.
Th...CW, indeed, that is one of the consideration. <br /><br />There are 2 answers, anytime and durian session. <br /><br />But are correct, if u get your “why” right Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-41617477054911293082017-10-24T20:57:57.516+08:002017-10-24T20:57:57.516+08:00There are TIME in the Market to put into practice ...There are TIME in the Market to put into practice of Buy & Hold and laughing to the bank. When is that time? But, don't ask around who sold you this idea!Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-60511404307672068762017-10-24T20:18:25.139+08:002017-10-24T20:18:25.139+08:00Hmm... Smol.
Even if someone put hand on heart an...Hmm... Smol.<br /><br />Even if someone put hand on heart and says I buy and hold, we need to understand his context.<br /><br />I know from valuebuddies someone who never sell, he hold several “cert” because the company go “bust”, but if I remember correctly he holds about 500 plus counters. <br /><br />Buy and hold of course correct la, if u are letting your winners run. But Mr market won’t let it be so easy... <br />but ask me. I sold 100-140% for 30-40% profits. I tell u nothing wrong with but and hold if it doesn’y Trigger your trailing stop. But as I say, mr market don’t make it so easy.<br /><br />After thinking aloud, I realise everyone need everything... they need buy sell and hold.<br /><br />All 3 are important. Hold is important too. <br /><br />But the reason behind that buy or hold must be clear, until proven wrong. I decided that I should stop looking at percentage gain or loss but look at it in totality with the qualitative story with the qualitative reasoning taking a more important part to the buy sell or hold decision. <br /><br />It makes things simpler for me.<br /><br />I just sold my last tranche of Lee metals today. No struggle like the past. Just ask a few questions and I go ok. Time to take action Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.com