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BB,I guess it is all about what your ultimate goal is. I'm all...

  1. 3,704 Posts.
    BB,

    I guess it is all about what your ultimate goal is. I'm all about a locked-in, secure group of assets to give me unassailabe income in perpetuity.

    I know (speaking for me only) that I will never get that trading, I am just shite at it. I am investor and not a trader.

    For many people it is about the adrenaline rush of successful trades, the money is only secondary (although they would never admit that to themselves or their wives).

    I am ALL about the money, I don’t give a Flying Fork about the adrenaline rush, I will leave that to the younger blokes. I know I will make more money by being patient (that's why I love property investment so much).

    Lots of wisdom in the words of popular music.

    Most people don't know this but Elvis Presley was a mad share trader, especially stocks on the ASX. Most people think he wrote the song below about a woman but he actually wrote it about the ASX ... Believe it or not :)

    Well, its hard to be a gambler
    Bettin on the number
    That changes evry time
    Well, you think youre gonna win
    Think shes givin in
    A strangers all you find
    Yeah, its hard to figure out
    What shes all about
    That shes a woman through and through
    Shes a complicated lady, so color my baby moody blue,

    Oh, moody blue
    Tell me am I gettin through
    I keep hangin on
    Try to learn the song
    But I never do
    Oh, moody blue,
    Tell me who Im talkin to
    Youre like the night and day
    And its hard to say
    Which one is you.

    Well, when monday comes shes tuesday,
    When tuesday comes shes wednesday,
    Into another day again
    Her personality unwinds
    Just like a ball of twine
    On a spool that never ends
    Just when I think I know her well
    Her emotions reveal,
    Shes not the person that
    I though I knew
    Shes a complicated lady, so color my baby moody blue,

    Oh, moody blue
    Tell me am I gettin through
    I keep hangin on
    Try to learn the song
    But I never do
    Oh, moody blue,
    Tell me who Im talkin to
    Youre like the night and day
    And its hard to say
    Which one is you.
 
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