Percentage
Most activities of the organization have few attendees, except Talk for Thought about investment topics. The one held last Saturday is no exception.
The speaker raised an interesting question:
How can you completely lose a million dollars within three months?
If you have not understood the method of losing, you have not understood the method of winning either. Not only ask which stocks should be bought, but also ask which stocks should NOT be bought.
In addition, the capital will be doubled after 18 years if each return rate is just 4% while it will be doubled just after 4 years if each return rate is up to 18%. You can easily take profit four times but difficultly do so eighteen times. Therefore you should take big profit from a few but good stocks rather than escape after small profit taken.
In conclusion, "Buy a right thing at a right time." The right thing is a good company. The right time is when it is cheap.
When we gathered to discuss how to double profits in a restaurant, a lot of site workers rushed into roads to request several percent raise of wage. Some are easy to ask for more while some are harsh to ask for less.
The speaker raised an interesting question:
How can you completely lose a million dollars within three months?
If you have not understood the method of losing, you have not understood the method of winning either. Not only ask which stocks should be bought, but also ask which stocks should NOT be bought.
In addition, the capital will be doubled after 18 years if each return rate is just 4% while it will be doubled just after 4 years if each return rate is up to 18%. You can easily take profit four times but difficultly do so eighteen times. Therefore you should take big profit from a few but good stocks rather than escape after small profit taken.
In conclusion, "Buy a right thing at a right time." The right thing is a good company. The right time is when it is cheap.
When we gathered to discuss how to double profits in a restaurant, a lot of site workers rushed into roads to request several percent raise of wage. Some are easy to ask for more while some are harsh to ask for less.
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