Credit: This Post was originally written by H.L Chin, on a forum, on 5 Nov 2010.
*Note: I have decided to republish his post as I feel that many investors chase low prices first then, companies. I agree with H.L Chin that it should be the other way round. This gives you a psychological advantage and preps your thoughts and emotions from any shockers that you may face.
I thought I would add my amateurish 2 cents.
But first some background:
In early 2007, I had mostly stayed out of the market as I felt that the market was over-valued. When cab drivers were selling their cabs in China to trade in the stock market, you just know that something’s ain’t right anymore. In any case, I like to think that I did well there, staying out. When the first wave of ......
