There is a great difference between investment and speculation.
In order to know about investment, we must know what is speculation.
Speculation is a gambling process whereby, we need to know the hot stock at the moment and be at the right stock at the right time.
Honestly, I find it to be difficult to be at the right stock at the right time as my trading skill and time factor are not by my side.
Investment, on the other hand, is about finding the unpolished gems and give time for the unpolished gems to be transformed into a diamond as every stock will have its day.
An investor's perspective, the lower the share price, the better it is.
As time is a friend of a good business and enemy of a mediocre.
The time to sell the unpolished gems is when:
1. The reason you buy is not there anymore
2. Changes in the economic or political scenarios or
3. There is another better investment, whereby, we trade for something more valuable.
Moral of the story: Stock is a voting machine for the short term, while, in the long term Stock is a weighing machine.
Be Bless,
Dr. Lion.
In order to know about investment, we must know what is speculation.
Speculation is a gambling process whereby, we need to know the hot stock at the moment and be at the right stock at the right time.
Honestly, I find it to be difficult to be at the right stock at the right time as my trading skill and time factor are not by my side.
Investment, on the other hand, is about finding the unpolished gems and give time for the unpolished gems to be transformed into a diamond as every stock will have its day.
An investor's perspective, the lower the share price, the better it is.
As time is a friend of a good business and enemy of a mediocre.
The time to sell the unpolished gems is when:
1. The reason you buy is not there anymore
2. Changes in the economic or political scenarios or
3. There is another better investment, whereby, we trade for something more valuable.
Moral of the story: Stock is a voting machine for the short term, while, in the long term Stock is a weighing machine.
Be Bless,
Dr. Lion.
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