for pingu219, page-86

"Work, save, invest in good assets, in all markets, at all times"


In simple terms, if you like Woodside and you have some cash, buy Woodside.

You then start saving with a plan to buy some more Woodside in 3 months.

In 3 months, you find that the price of Woodside has gone up and you now have to shell out more dollars per share (is that a good thing or a bad thing?).

Alternatively, in 3 months, you find that the price of Woodside has gone down and you now have to shell out fewer dollars per share (is that a good thing or a bad thing?).

What you can't afford to do, is sit on your arse for 20 years, talking about the markets and never doing anything, like most on this forum do.

Because in 20 years time when some newbie tells you 'the price of Woodside fell 2% today' you can ask them 'How many shares of Woodside do *you* own?'


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