Transfer of wealth from the impatient to the patient

  1. 2 Posts.
    lightbulb Created with Sketch. 1
    Long time lurker first time post.

    I've noticed more recently a hellva lot of angst, negative comments against various companies/people/CEO's and even fellow colleague investors (some quite vicious) - generally because the stock is not heading in a direction they like.

    Always remember only invest what you can afford to lose in speculative markets otherwise choose more stable ones (that usually offer a dividend)

    Also remember that the "stock market is a device for the transfer of wealth from the impatient to the patient". (Warren Buffet)

    Lastly, yes even blue chip companies can and do fall over.

    Enjoy building wealth!

    Cheers
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.