Even as the calendar year 2011 draws inexorably towards a close with two months plus left before 31 December beckons, I realise that if I do nothing now, I will end the year with a realised returns of 4.5%.
In fact, I should not buy any more equities now and take bigger positions on the market because most of my returns will come from dividends — truly a form of passive income. The more I trade or try speculative punts, the more I risk losses on capital due to market moves south in tandem with the general global negative outlook over European debt problems and possibility of US and world slowdown or even recession in 2012.
Is doing nothing a strategy?
Do or Do Not, There is No “Try”
This quote from Yoda of “Star Wars” reminds us that sometimes we have to take decisive action or sometimes we …