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Buy and Hold – Who sold you that idea?
By The Sleepydevil's Adventure  •  October 25, 2017
I've read the 2 recent posts from 2 wise seniors - Uncle CW8888 and SMOL recently. Allow me to induce some flavors of this 2 seniors into this blog post.

Everyone knows what buying and holding is.. So what exactly is buy and hold?? Being curious.. I went online to google about the exact definition.

From Investopedia Hmm.. but buying and holding does not only applies to stocks!!

Is buying and holding a "sure-win" strategy?  
Buying and holding might increase your winning odds. But there's no guarantee!!
The asset you're buying and holding is important too!!

Let's take a look at 2 example.

Buying SGX in 2004 Jan?

$1.83..

Hmm..

Buying Blumont in 2004 Jan?

$0.10..

How about buying Blumont at $2 in 2013 and holding it?

Hmm..

Same same ma.. Both also hold for 13 years.

Wanna see some real examples??


Read:
Buy and Hold - Who sold you that idea? - Uncle CW
Buy and Hold - Who sold you

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By The Sleepydevil's Adventure
I'm a kid born in 1998. At this moment of writing this, I'm age 19 20 and currently a 3rd year student in a local polytechnic awaiting for conscription. I will be working towards the goal of achieving financial freedom and escaping the rat race. I've embarked on the financial journey in 2017 with money I've earned from my part time jobs and savings that I'm able to amassed from occasions such as the Chinese New Year.
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