Most retail investors have a problem of
anyhow investing, I admit, long time ago I fell into the same trap, buying companies on the whim like
'I think GLP is a good stock, it does logistics and stuff.'
'Uhh keppel land sounds good because it trades at 1x book and its expanding to China'
'HPHT gives 7% yield? Omgomgomg'
'Hyflux is good because Singapore needs water'
Until I realized (extremely slowly), like wth am I doing, why am i dumping cash into stocks that 'feel good' because i come up like 3 line arguements?
But what does anyhow investing actually mean? Here's a few good warning indicators
1. You spend more time thinking of whether to buy shirts/dinner than your stock
Its amazing, I can find people willing to dump money into a stock in a blink of an eye on flimsy reasons but take forever to decide where ...
...