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Making hay while the sun shines
By Rainbow Coin  •  March 1, 2020
Knowing this phrase is one thing, practising is another. When we got a prodrome that disaster is coming, we should stock up our food pile. When we sense a prodrome that market is crashing, we should keep our hay and cash out.  What to do when market ALREADY started crashing? Too late to cash out without incurring losses. This brings us to the Chinese proverb - 临时抱佛脚。 The same...
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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