Sponsored Links

To retire by age 45, start with a plan.

"Is early retirement the right financial choice?" Jim Ellis discusses long-term financial growth strategies. I have blogged a...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.

Archives

"E-book" by AK

Second "e-book".

Another free "e-book".

Pageviews since Dec'09

FOLLOW AK ON FACEBOOK.

Recent Comments

ASSI's Guest bloggers

Invest in stuff we understand.

Thursday, November 20, 2014

Avoid investing in stuff we can't understand.






Try to understand the business before plonking down any money in it.

"Never invest in a business you can't understand."    
- Warren Buffett.

Don't buy just because someone else is buying.

Related posts:
1. How to be "One Up On Wall Street?"
2. Journey to financial freedom needs preparation.

4 comments:

Gary said...

Always pay to find out how the business functions so that we can understand its profitability. The person who asked you about Singapura Finance is not the first time. During one of the SGX seminars, one person asked about Singapura Finance and whether was worth considering. The speaker said yes and was within his radar from the P/E and other key ratios perspective.

Singapore Man of Leisure said...

AK,

"Yes I read"

I couldn't stop laughing!

This one is so classic!

LOL!

Got to admire your patience and good nature...

AK71 said...

Hi SMOL,

Well, you know how sometimes certain things become clearer after reading two or three times. So, this could be one such case. ;)

AK71 said...

Hi Gary,

I am sure there are quite a few seasoned investors out there who have their eyes on Singapura Finance too. If we believe that interest rates are on their way up, they will be a natural beneficiary. :)

Monthly Popular Posts

 
 
Bloggy Award