Homepage
PR Newswire
30-11-2011, 03:05 PM
As far as cyclical stocks are concerned, if you ride the cycle quite well, you will be well rewarded. Just look at 2008/2009 cycle. This was one of the the shortest cycle for NOL. So for many stocks too. We are usually surprised by when the cycle starts and the cycle ends. We can not really predict the cycle. That's why i say you must have deep pockets and patience. We can only ride the cycle after commitment. If i ride 2008/2009 NOL cycle, i should be rewarded with 1.5-2.0 ROI. i chickened out. i switch to "dividend income investment".
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.