'Now I know who my real friends are'

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#29
(30-05-2012, 10:32 AM)wsreader Wrote: quote ".....So, why even quit at all?? You actually get the best of both worlds if you were to continue working and do your investing at the same time (extra income)......"

No wonder I see a lot of zoombies at work. Their minds are at somewhere else. (Are u reading this during your office hours using your office computer?)Big Grin

One worry of a full time investor is that, during a bad year, dividends declared by listed companies are on the low side. That may put pressure on a full time investor to perform more switching to increase income. What happen if recession last for a few years? Belt tightening for the same duration? Sad
"One worry of a full time investor is that, during a bad year, dividends declared by listed companies are on the low side. That may put pressure on a full time investor to perform more switching to increase income. What happen if recession last for a few years? Belt tightening for the same duration? Sad"

Unquote:
Yes,agree. So we all should hope one day our portfolio is large enough that the dividends receive per year is enough to cover our yearly expenses; regardless of the market conditions. IMHO, i think this is an ideal investment goal. Then you can invest in your "own terms"..... ER...... maybe a little like WB.TongueBig Grin
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.
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Messages In This Thread
RE: 'Now I know who my real friends are' - by sgd - 28-05-2012, 09:20 AM
RE: 'Now I know who my real friends are' - by sgd - 29-05-2012, 02:49 PM
RE: 'Now I know who my real friends are' - by sgd - 29-05-2012, 07:35 PM
RE: 'Now I know who my real friends are' - by Temperament - 30-05-2012, 01:30 PM

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