I was chatting with some of the nice at people LP’s Bully The Bear blog and was asking some of the people if they can sleep well at night with the market positions they have taken on SGX on the stocks that they are investing.
It’s an interesting question because when I went through the 2008 crisis, I went through a lot of personal upheavals myself even as the value of my stock portfolio gyrated as violently as a ship caught in a storm of a hurricane. That experience helped me understand more about this whole idea of asset allocation of one’s portfolio and managing one’s cash.
Fundamental Rule of Investing: Don’t Put All Your Eggs in One Basket
Living within our means, saving and investing as well as growing and protecting our means remain the fundamental tenets of financial freedom. The key towards investing is knowing how much to ......