QUOTE(Boon3 @ Jul 13 2013, 08:21 AM)
My thinking is simple.
I think of myself as owning a business. My business is to make money from the stock market.
My inventory is the 'shares' I buy from the stock market.
Inventory management is extremely important.
It is utmost important I do not own inventory that depreciates in time.
And because it is very possible that I might purchase poor inventory or inventory that I feel has poor future outlook, I try to trade (sell) off these inventory to avoid further losses.
Trading and investing? Mana ada difference?
My one sen view, which could be wrong, is that there are not much of a difference.
Investors still buy and sell shares and this for me, is trading.
Of course, there are many who makes bad purchases.
Somehow they think that time could rectify their mistakes.
Of course, then there are punters.
Punters who just gambles on hot stocks, hoping their punt rake in thousands by the hour.
If you want to be in this game, just know what you are good at and not what other recommend is good for you.
wow... very nice view !!I think of myself as owning a business. My business is to make money from the stock market.
My inventory is the 'shares' I buy from the stock market.
Inventory management is extremely important.
It is utmost important I do not own inventory that depreciates in time.
And because it is very possible that I might purchase poor inventory or inventory that I feel has poor future outlook, I try to trade (sell) off these inventory to avoid further losses.
Trading and investing? Mana ada difference?
My one sen view, which could be wrong, is that there are not much of a difference.
Investors still buy and sell shares and this for me, is trading.
Of course, there are many who makes bad purchases.
Somehow they think that time could rectify their mistakes.
Of course, then there are punters.
Punters who just gambles on hot stocks, hoping their punt rake in thousands by the hour.
If you want to be in this game, just know what you are good at and not what other recommend is good for you.
i like the comment....
ekowood how?
high inventory low debt... please advise...
Jul 13 2013, 09:19 AM

Quote
0.0329sec
0.42
6 queries
GZIP Disabled