Thursday, November 12, 2009
5:57 PM...............................................................................
Dear Lord. I've been writing my paper for the entire day.
Haha. I wonder if my fingers lengthened from the typing. (there. that's a bimbo statement right there.lol)
~
Anyways...I was browsing through a financial mag yesterday and came across a article on investing philosophy.
Thought the article gave some good pointers. And being the kiam person that I am, I didn't want to fork out the money to buy the mag just for that one article.
So I committed the pointers to memory and decided to write them down before I return them to where they rightfully belong :x
1. Have an investing philosophy and stick to it
Eg -Think like an business owner and buy equity with sound business models which you can relate to
2. When picking an philosophy/strategy, stick to the proven ones
3. Studies have shown that you do not need a financial adviser (please don't hammer me dear financial advisers) and they rope you of gains that are rightfully yours.
4. Your financial philosophy should have a goal and be numeral
Eg: I am 20. I earn 5k a month. My returns should yield XX% by year XX etc.
Weehee~
I think my fingers lengthened a little more
~
Never noticed the resemblance. muhaha. I've always like Ben
