Tuesday 5 June 2018

TO WIN or NOT TO LOSE


Today I would like to review one of the article that I written before.

An old article that I wrote at year 2012 and published at Investalks forum,
just a few paragraphs,
but I added some new sentences at the end of the old article.



Old article begins:

“Investment is a PLAN to WIN, not just only PLAN not to LOSE. ”

For examples:

Few weeks before the exam,
some people studied just to avoid getting a F,
some people studied because they wanted to get an A.

So, will there be any difference in their exam results?


Same for doing presentation.
Some people prepared presentation because it is one of their work,
some people prepared presentation because they wanted to present something in its best way.

So, will there be any difference in their actual presentation?


Same for a soccer match.
Some players played the game thinking to avoid losing,
some players played the game thinking to win.

So, will there be any difference in their plays in the match?


Same for investment.
Some investors invested to avoid losing money,
some investors invested to earn a lot more money.

So, will there be any difference in their investment performances?


I didn't have an exact answer for it,
just write it out here to share my thinking.


End of old article.


Well...........
If I remembered correctly,
the reason why I wrote the above articles last time was because of this sentence:
“Rule No.1:Never Lose Money.
Rule No.2: Never forget Rule No.1.”

At that time,
I realized that a lot of people kept mentioning that rules,
and even treated it as their bible, the only road to success in investment.

After seeing everyone kept mentioning it,
I started to have some doubts....

Don't misunderstand......
I didn't say that there is problem with that rules,
it is just...............
Never lose money, is it enough?
Never lose money, only earn 1%-2%, is it really enough?

It is like in school where the teacher taught us a Maths formula,
then we just simply memorized it without any understanding,
and used that formula to solve questions and homeworks done!

But..............
Is it enough?
Is it okay to just using the formula without any understanding?
Is it okay not to think about how the formula was formed?
Is it okay that we only learn the surface of any knowledge?
Is it okay that we don't study deeper about something?
Is it okay that we don't broaden our knowledge?
Is it okay that we keeping ourselves at Level 1 and not upgrade to Level 2?

Never lose money in investment, is it enough already?

Investment is about doing own thinking, making own decision.

Thanks for reading.




I don't provide any buying/selling suggestion above,
please make your own investment decision and be responsible with it.


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