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"My wife says I should have balls of steel like AK."

Sunday, July 29, 2018

Reader says...
I invested in Comfort before you but sold when stock price dropped so much because I thought would drop more.

Then, I could buy back at a lower price.

Till now, I am still waiting to buy back.

My wife told me I should have balls of steel like AK.

Haiz. How you do it?




AK says...
Alamak.

Balls of steel?

Sounds heavy and probably painful to walk around with too.

They might also rust and would need polishing.

Aiyoh, sounds like work.






I don't like pain and I don't like work even more.

Don't curse me leh.

Seriously, know what we are investing in and if we are sure it will pay dividends, all we have to do is to sit back and wait.





AK is super lazy and doesn't like moving around too much lah.

OK, if you are not too lazy, you might want to read the related posts at the end of this blog.


Ouch. Ouch! OUCH!





Related posts:
1. Mystical art of wealth accumulation.
2. Incomplete analysis of ComfortDelgro.
3. Patience is the hardest thing.

2 comments:

Ben said...

Hi AK

I agree with you. This goes to show that the adverse situation is a test for all investors and he/she will have to make the decisions in accordance of his/her preference. The ability/mentality to buy more and hold in such circumstances go to show the resilence of one and he/she is very likely to achieve FI in long run. The option of RE will be tremenduous as the fruit of labour and belief.

Ben

AK71 said...

Hi Ben,

To be fair, it not easy to buy or hold when people are fearful.

Fear is a stronger emotion than greed.

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