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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9 | 10502396 | 0.010 |
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Price($) | Vol. | No. |
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0.014 | 1985720 | 4 |
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