Thereissomeverygooddiscussiongoingonrecentlyaboutwhetherinvestingintoindexfund(S/P)longtermisagoodinvestmentidea.ItisaverybigtopicandIjustwanttosharesomeofmythoughts.Mythoughtsaredefinitelynotcompleted,socommentsorcriticismareverymuchappreciatedandwelcomed.
SincethepasttrackshowsinvestingintoS/Pindexfundhavearound10%annualyieldforthepast30years,itisreasonabletothinkithasagoodchancetobeagoodinv...[阅读全文]
博文
(2008-01-07 09:52:32)
(2007-12-07 07:18:21)
Mylastwriting(http://web.wenxuecity.com/BBSView.php?SubID=tzlc&MsgID=75465)mentionswecanonlymakemoneyinourlife(stockmarketaswell)onthethingsweunderstand,orunderstandbetter,sowedon'tactlikeagambler.HereIwilltalkabouthowweknowweunderstand(better)oncertainthingsinstockmarket.Firstofall,weneedtoknowourstrengthandabilityinthestockmarket.Ifpeopleareaskedtolifta500-poundstoneonlybytheirphysicalstreng...[阅读全文]
(2007-12-06 09:48:44)
Iamgoingtowritesomeofmythoughtsofstockmarketinvestment.ThosethoughtsarefromthelessensIlearnfrommy8-yearinvestmentexperience.NotverylongevenifIconsidermypracticearound2000is"investment".Commentsfromanyonearewelcome.
JustbeforePTRAshareIPOinShanghai,WarrenBuffettsoldallhisPTRpositions.AfterhesoldPTR,PTRHsharesinHKwasupanother20%ormore.Whenaskedwhyhesoldhisposition,hementionedthathemadethedecisio...[阅读全文]
JustbeforePTRAshareIPOinShanghai,WarrenBuffettsoldallhisPTRpositions.AfterhesoldPTR,PTRHsharesinHKwasupanother20%ormore.Whenaskedwhyhesoldhisposition,hementionedthathemadethedecisio...[阅读全文]
(2007-12-03 20:51:34)
EDUisbackto83ishtoday.Daysago,itwentdownfrom92tolow60's.Whatadiscountprice!ThegoodthingisthatIsoldsomestocksinSister'sretirementaccount(forabout10%losssincestartedinthemiddleofmarketdowntrend)andboughtinEDUaround$66.EDUisupmorethan25%sincethen.
Unitpricewise,EDUpassedLFCandUSOtoday.USOclosedbelow70andLFCclosedatabout82.Istillthinklongtermwise,EDUwouldoutperformLFCandUSO.Iusedthosethreeascompar...[阅读全文]
Unitpricewise,EDUpassedLFCandUSOtoday.USOclosedbelow70andLFCclosedatabout82.Istillthinklongtermwise,EDUwouldoutperformLFCandUSO.Iusedthosethreeascompar...[阅读全文]
(2007-11-09 07:06:31)
Marketisdownbigtodayanditlookslikeatleasttheshorttermpictureisnotgood.Butwhenyouare"investor"likeWarrenBuffett,youshouldnotbepanic.Well,butyouneedtoownthestocksofhiskindof.Whenmarketgoesdownlikethisthatallthestocks(somegoodcompaniesandsomebadcompanies)allgodown,itisanopportunitytobuythegoodcompaniesatadiscountprice.Becauseattheendoftheday,thegoodcompanieswithgoodgrowthwillcomebackandsurv...[阅读全文]
(2007-11-09 06:57:01)
Itdependswhyyouboughtitatthefirstplace.Ifyoujustboughtitforashorttermtrade,youcansellitwheneveryoufeelprofitisacceptableanditisalreadyagoodtrade.Ifyouboughtitbecauseyouthinkitisgoingtobeabigstorycompanywhichwilllastforyearstocome,youshouldaddyourposition,notsellingit.Aslongasthestorydoesn'tchange,youshouldnotchange.[阅读全文]
