[caption id="attachment_2104" align="alignright" width="150" caption="Photo by Cease-Fire-Studios"][/caption]
If you are really into value investing, you should, hopefully by now, understand that buying and owning stocks can be akin to marriage. It is not about buying today, selling tomorrow. Or instant gratification. Or short term happiness. It's about long-term commitment, going through thick and thin together, sharing your lives.
Here's the list of comparisons. Enjoy!
Stock and spouse
1. Both are meant to be enduring life-long affairs.
2. Both require a lot of due diligence before committing to achieve happiness.
3. If you have made a good choice, the relationship only gets better over time.
4. You wouldn't admit it's a bad investment until it's too late.
5. If you've got a real gem, you can always show your friends and feel proud.
6. It's always better to start looking early in life. But not too early, teenagers reading this blog, sorry teenage = too early.
7. It's unwise to dismiss potential targets when there are only minor flaws bcos good ones are hard to come by.
8. And really, the super good ones are very hard to come by.
And here's the treat of the day!
Stock vs Spouse
1. A stock doesn't care if you surf net all day and didn't spend quality time with it.
2. A stock won't leave you for another sweet young thing.
3. A stock doesn't care if you look at other stocks.
4. A stock doesn't occupy 70% of your bed and SNORE. Read more...