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"E-book" by AK

Second "e-book".

Pageviews since Dec'09

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Market timing versus buying at prices you won't sell at.

Tuesday, August 9, 2016

Hi AK,

I emailed you a few years ago about starting to invest and you advised me to build up on my knowledge and to build a war chest. 

Now, I have opened an CDP account and feel that I am ready to start on an investment journey. As the title suggests, I would like to seek your opinion on Marco polo and sph stocks. 

The mantra is simple, buy low sell high. 

But do you think that the timing is right for me to buy these stocks? Or should I wait for a better time and buy in the future?

Best regards,
F




Hi F,

Alamak. I think I am one of the worst market timers in the world.

Ask what is your motivation for investing and see whether Marco Polo Marine and SPH fit your motivation.

Then, ask what you think they should be worth and whether the price Mr. Market is asking from you is worth paying.

Buy at prices you won't sell at and sell at prices you won't buy at.

Gambatte!

Best wishes,
AK


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Have a plan, your own plan.

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