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What defines the boundary?
By A Pen Quotes  •  January 31, 2016
As legendary hedge fund manager Ray Dalio told Tony Robbins: “It’s almost certain that whatever you’re going to put your money in, there will come a day when you will lose 50 percent to 70 percent.” It pays to remember that if you lose 50%, you need a subsequent 100% return to get back to where you started. That math is tough.
Truth be told I haven’t been investing much in shares these days. To some, I could be missing a great opportunity to be picking up stocks on the cheap. Kind of remind me of those people rushing to buy stuffs at Robinsons (Orchard) over the weekend (as there is a Sales). Having seen the days when I have ‘lost’ much more (percentage wise), I have never really been able to call the exact bottom of any market crashes. How low is low? Yes, these couple of ......
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By A Pen Quotes
Hi, I am a typical guy born in 1976. You can call me ‘T’. Family: I have a lovely wife and 2 kids (a boy and a girl). To me, they are the best things that happened in my life. Work: I’m working full-time in the construction industry. Interests: I like to swim, draw and read up on financial articles. I have started a Youtube channel on sketches. Do check it out here.
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