Over the years walking through and seen crashes in 1987 (USA), 1994 (Malaysia), 1997 (Asia), 2008 (GFC!!! AFC!!!)..and 2020 (GFC!!!).. I sit and ponder all the stories one can read in the media on HOW TO MAKE MONEY INVESTING or SPECULATING. Portfolio and all the different stories you can figure out.
Irrespective whether one view it as LONG or SHORT term, one makes money Buying Lower and Selling Higher or SHORTING the product HIGH and exit LOW.
No matter how one cream or spice up the story like a fairy tale, the essence or the nucleus of making profits is about the above paragraph.
Throw in topic like retirements, blah blah blah ...sugar coat .... the BASIC most important concept is the about PROFIT.
Whether one claims this is SUPERIOR approach or otherwise, the PROFITS matter.
The Nucleus or Center of all the different ideas is about PROFITS.
It doesn't matter if the time horizon is SHORT or LONG term. If one cannot make profit either on SHORT or LONG term, what is use of TIME horizon?
Whatever techniques are used, as long as it cannot make profits, WHAT is the use???
We can talk all the wishful matters, dreams, ideas or retirement and "growth plans". What is the use of all this if the most basic is NOT addressed ... WHAT DO U NEED TO DO TO MAKE MONEY and HOW TO DO IT CONSISTENTLY
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